News

In a move to boost U.S. homeownership, Fannie Mae and Freddie Mac have been approved to take rental history into account ...
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 ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Shares of banks and other financial institutions fell in anticipation of more global market volatility. Commerce Secretary Howard Lutnick said another 15-20 letters like those sent to Japan, South ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
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.
The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...
After 17 years of conservatorship, it is clear the government is in charge of the mortgage giants, Edward J. Pinto and Stuart ...
Home loan interest rates have dipped for five straight weeks, with the average 30-year fixed mortgage now at 6.67 percent.