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Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
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 ...
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
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Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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.
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
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