The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...

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

Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...

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

Bill Pulte, director of the Federal Housing Finance Agency, on X: "Effective today, to increase competition to the Credit ...

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

Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...

FHFA's move to greenlight VantageScore 4.0 while sidelining FICO 10T has sparked a high-stakes clash over the future of mortgage credit scoring.

VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...

Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said ...

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

FHFA will now accept credit scores from VantageScore 4.0 as a means of underwriting mortgages sold to Fannie Mae and Freddie ...