A major shift is coming to the mortgage industry, and it could make homeownership more accessible for first-time buyers.

The FICO score inventor continues its war with the new administration's FHFA Director Bill Pulte. Pulte said this week that ...

Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...

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 ...

Fair Isaac Corp (FICO) shares tumbled on Tuesday after the Federal Housing Finance Agency (FHFA) announced that it would ...

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

Fannie Mae and Freddie Mac will now use multiple methods to assess mortgage applicants due to a new decision by the Federal ...

The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...

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

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

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 ...

The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...