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Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
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 ...
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
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 ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
BNPL companies like Afterpay and Klarna will begin reporting users’ loans and payments to FICO, the company behind the most ...
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.