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

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

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

VantageScore President and CEO Silvio Tavares joins ‘The Claman Countdown’ to discuss the Federal Housing Finance Agency’s decision to allow VantageScore 4.0 for mortgages sold to Fannie Mae and ...

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

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

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

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

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

President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept the use of VantageScore 4.0 credit scores when determining loan ...

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

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