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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
FHFA Director Bill Pulte announced on Tuesday that the GSEs will accept VantageScore 4.0 immediately and keep tri-merge ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...
Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...
Unemployed but want a better credit score? Try these 4 proven strategies You can improve your credit score even while unemployed with smart strategies like timely payments, low credit utilisation ...
How well — or how poorly — Americans are managing their Buy Now, Pay Later loans soon could be reflected in their credit scores. FICO plans to launch a suite of credit scores later this year ...
Both FICO and VantageScore issue a credit score between 300 and 850 to potential borrowers with the goal of predicting the likelihood that a person will fall behind on debt repayments.