New credit score models assess the creditworthiness of aspiring homebuyers who are often overlooked by more traditional ...

Fannie Mae (OTCQB: FNMA) today announced upcoming updates to its Selling Guide to allow for the use of VantageScore® 4.0, effective immediately, and the future use of FICO® Score 10T credit scores for ...

Fair Isaac raised its full-year outlook after growth in its scoring solutions business boosted second-quarter profit and drove double-digit revenue growth. The company behind the FICO credit score ...

FHFA began a VantageScore 4.0 pilot for GSE loans with new pricing grids, while HUD said FHA will add VantageScore 4.0 and ...

The credit-scoring industry is going through a big shift as companies compete to gain more power over the market — and prospective home buyers should pay attention. The latest move comes from Fair ...

On Wednesday, Freddie Mac and Fannie Mae announced their acceptance of mortgages evaluated using VantageScore 4.0 to reduce costs for American homebuyers and stimulate competition in the mortgage ...

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

Mortgage agency Fannie Mae said it is allowing lenders to use VantageScore, a competitor to Fair Isaac's FICO score, effective immediately. Freddie Mac said it would also begin accepting mortgage ...

Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...