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Pay Later gains traction, experts warn that rising defaults could hurt consumers’ credit scores, stressing the need for ...
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...
President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept ...
Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...
BNPL companies like Afterpay and Klarna will begin reporting users’ loans and payments to FICO, the company behind the most ...
Fannie Mae and Freddie Mac will now allow lenders to use VantageScore, as well as FICO scores, when underwriting loans.
Don’t let financial fear hold you back from starting the homebuying process. Here’s everything you need to know to feel prepared, empowered and ready to make your move.
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
The S&P 500 fell 0.1% on Tuesday, July 8, 2025, after President Trump extended the deadline for "reciprocal" tariffs and ...