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

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

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

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

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

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 ...

FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...

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 ...

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

BNPL companies like Afterpay and Klarna will begin reporting users’ loans and payments to FICO, the company behind the most ...

FICO uses multiple scoring models, but, traditionally, they have looked at a consumer’s data as one snapshot in time. In 2020, however, FICO added a new model that looks at balance activity over ...