Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...

FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...

If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to ...

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.

Shares of FICO , VantageScore’s biggest rival, tumbled more than 17% Tuesday afternoon following the news. For decades, FICO has dominated the mortgage market, with Fannie Mae and Freddie Mac ...

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 ...

FICO uses multiple scoring models, but, traditionally, they have looked at a consumer’s data as one snapshot in time. In 2020, however, FICO added a new model that looks at balance activity over ...

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