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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...
When Federal Housing Finance Agency Director William Pulte took to social media to announce that Fannie Mae and Freddie Mac ...
The company behind the FICO score is going to start including a person's 'buy now, pay later' payment history in its credit ...
Typically, when using Buy Now, Pay Later loans, consumers pay for a given purchase in four installments over six weeks, in a model more similar to layaway than to a traditional credit card. The loans ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
Improving your credit after taking a hit isn’t always easy, but it’s doable. It depends on what happened, how long it’s been, ...
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