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Fannie Mae and Freddie Mac will now allow lenders to use VantageScore, as well as FICO scores, when underwriting loans.
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
Apple's chief operating officer plans to hand the role off this month and retire later this year after roughly a decade as the tech giant's No. 2 under Chief Executive Tim Cook. Kirk Tanner will take ...
Your credit score tells lenders how likely you are to repay a large debt like a mortgage on time. Related: Bank of America ...
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 ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Shares of banks and other financial institutions fell in anticipation of more global market volatility. Commerce Secretary Howard Lutnick said another 15-20 letters like those sent to Japan, South ...
The S&P 500 fell 0.1% on Tuesday, July 8, 2025, after President Trump extended the deadline for "reciprocal" tariffs and ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The Department is investigating BNPL products to ensure that FHA single-family mortgage insurance policies effectively ...
Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...
Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...