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 ...

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...

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.

The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...

Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...

Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO ...

A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.