Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...

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 ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

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.

Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...

FHFA Director Bill Pulte announced on Tuesday that the GSEs will accept VantageScore 4.0 immediately and keep tri-merge ...

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, ...

Millions more Americans may soon have a shot at homeownership, thanks to a major shift in how credit scores are evaluated for ...

Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

This decision differs from the FHFA’s previous paused plan that would have required both FICO and VantageScore for mortgages purchased by government-sponsored enterprises (GSEs).

Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...