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

President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept ...

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

A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.

For decades, mortgage lenders have used a single credit score — the FICO score — to underwrite applications for home loans.

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

Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said ...

Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...

Bill Pulte, director of the Federal Housing Finance Agency, on X: "Effective today, to increase competition to the Credit ...

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 ...

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