Company marks record credit scoring usage spike, with 55% overall increase in 2024 More lenders are checking borrowers’ credit with credit scoring company VantageScore, which was developed by Experian ...
Federal Housing Finance Agency (FHFA) Director William J. Pulte this morning said in a post on X that lenders working with Fannie Mae and Freddie Mac can use VantageScore 4.0, while still keeping a ...
Use of VantageScore credit scores grew roughly 28 percent at captive finance companies in 2023 amid higher delinquencies and volatility in the auto finance market. Auto lenders' use of VantageScore ...
Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said mortgage finance giants Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) ...
Shares of FICO (FICO) are sliding after FHFA Director William Pulte said via X that, “Effective today, to increase competition to the Credit Score Ecosystem and consistent with President Trump’s ...
Lenders Expected to Originate Up to $1 Trillion in New, High-Quality Mortgages Up to Five Million Prospective New Buyers to Qualify for Homeownership Policy Change Reiterates FHFA Commitment to ...
A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore. By Ann Carrns Your credit score helps ...
Shares of Fair Isaac Corp.,FICO-2.82%decrease; red down pointing triangle the company behind the FICO credit score, sank nearly 9% Tuesday after a federal agency greenlighted the use of its biggest ...