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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.
Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said ...
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...
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 Isaac Corporation, the company behind the widely recognized FICO score, to ...
FHFA Director Bill Pulte announced on Tuesday that the GSEs will accept VantageScore 4.0 immediately and keep tri-merge ...
Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...
Bill Pulte, director of the Federal Housing Finance Agency, on X: "Effective today, to increase competition to the Credit ...
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.
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