It was the only model recommended by Fannie Mae and Freddie Mac after extensive analysis in the credit-scoring initiative.

The credit-scoring industry is going through a big shift as companies compete to gain more power over the market — and prospective home buyers should pay attention. The latest move comes from Fair ...

Americans who are struggling to pay off their debt could see lower FICO credit scores in their future, especially if they miss payments. Fair Isaac Corp., the company behind the popular FICO credit ...

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

As the Federal Housing Finance Agency (FHFA) opens the gates for lenders to use VantageScore 4.0 alongside, or in place of, FICO scores for mortgages sold to Fannie Mae and Freddie Mac, Fair Isaac ...

VantageScore 4.0 is approved for conforming mortgages sold to Fannie Mae and Freddie Mac. The credit-scoring model uses alternative data, including trending credit card usage and payments for rent and ...

GREENVILLE, N.C. (WITN) - Government-backed mortgage giants Fannie Mae and Freddie Mac are now allowed to accept a different credit score that considers rent and utility payments. While FICO credit ...

VantageScore was designed to improve mortgage default prediction and prevent the next financial crisis.

Credit scores play a central role in people's lives. Fair Isaac Corp., or FICO, has dominated credit scoring until recently. The credit-scoring industry is going through a big shift as companies ...