Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...

Exactly 30 years ago, Fannie Mae and Freddie Mac adopted credit reports and their scores from FICO as a basis for mortgage credit decisions (approval or denial) and risk-based loan pricing. That FICO ...

A regulator’s decision to allow a big change to the way mortgages are underwritten is meeting a mixed reception from housing and finance professionals. “Effective today, to increase competition to the ...

Your credit score can have an outsize effect on your financial life, as it factors into the rates you get on your mortgage, credit cards, and any other loans you might take out. We asked three Motley ...

The credit-scoring industry is going through a big shift as companies compete to gain more power over the market — and prospective home buyers should pay attention. The latest move comes from Fair ...