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Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
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.
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
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Top Speed on MSNYou Can Find an All-Wheel-Drive Sedan Under $28,000. But You Need To Know The Trick.It may be July, but if you’re trying to find an AWD rig on a budget, the shopping’s getting tougher. The trick? Go used—and ...
The company behind FICO credit scores announced plans to include buy now, pay later installment loans in users’ scores ...
FICO said its two new credit scores incorporating BNPL data are expected to launch this fall, but Rossman said widespread adoption could take much longer. “It’s going to be a process ...
FICO is updating credit scoring to include buy now, pay later (BNPL) loans. New models (FICO Score 10 BNPL & 10 T BNPL) aim to provide lenders with better insight into repayment behavior and ...
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