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Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
Bill Pulte, director of the Federal Housing Finance Agency, on X: "Effective today, to increase competition to the Credit ...
Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...
Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...
FHFA Director Bill Pulte announced on Tuesday that the GSEs will accept VantageScore 4.0 immediately and keep tri-merge ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
FICO shares fell as Fannie Mae and Freddie Mac will now permit lenders to use VantageScore 4.0. This decision increases ...
Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...
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