Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...

Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

Find insight on mortgage lending, student-loan delinquencies, and more in the latest Market Talks covering Financial Services ...

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...

FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...

Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.

FICO uses multiple scoring models, but, traditionally, they have looked at a consumer’s data as one snapshot in time. In 2020, however, FICO added a new model that looks at balance activity over ...