News

In a move to boost U.S. homeownership, Fannie Mae and Freddie Mac have been approved to take rental history into account ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
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 ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
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.
The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will permit lenders to use Vantage scores instead of FICO ...
After 17 years of conservatorship, it is clear the government is in charge of the mortgage giants, Edward J. Pinto and Stuart ...
Both government-sponsored enterprises also are tightening rules around condo and co-op loans in buildings that have been ...
Receiving gifts from loved ones can make it easier to come up with the cash for a down payment and buy a home. If you want to use gifts alongside a home loan, though, you'll need to provide ...