The Covid pandemic crushed immigration and demand for Nova Credit's tech. Then its founder discovered a second line of ...

It’s not just FICO. Credit bureaux themselves are adjusting their pricing models, and some mortgage lenders expect a minimum ...

Under the Community Reinvestment Act (CRA), banks are mandated to invest in low- and moderate-income communities. Working ...

The Central Nova Scotia Civic Centre Society is fighting the CRA's decision. It lost its first appeal and is awaiting a date for a second appeal. In the meantime, the society will receive a ...

The regulator issued “needs to improve” ratings to First Federal Savings & Loan Association of Lorain, Ohio, and United Trust ...

FICO released key guidance and takeaways from a study that has recently analyzed the impact of BNPL loans in a consumer’s ...

A FICO score is a credit risk measurement tool. It is developed by Fair Isaac Corporation. It is a tool which summarizes an individual's repayment behavior and it is primarily based on their ...

Lansing discussed the adoption of FICO Score 10 T, now utilized by clients representing $261 billion in annualized mortgage originations. He noted that recent developments include loans powered by ...

The Canada Revenue Agency (CRA) is dedicated to assisting Canadians who fall victim to fraud and identity theft. Scammers acquire personal information through a variety of means, such as phishing ...

Fair Isaac Corporation , widely known as FICO, reports a 18.6% rise in first-quarter profit on Tuesday, helped by continued growth in its scores and software segments.

CEO Lansing stated that the decision was "not surprising" and reaffirmed confidence in the FICO Score’s central role in evaluating mortgage risk, regardless of changes in the GSE landscape.