News

A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows ...
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said ...
Government-sponsored enterprises Fannie Mae and Freddie Mac have long required home lenders to use credit scores generated by Fair Isaac Corp., aka FICO, to underwrite mortgages.
Experts say policy change will help Americans with 'thinner credit files' build equity and generational wealth.
The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...
Both government-sponsored enterprises also are tightening rules around condo and co-op loans in buildings that have been ...
The overseer of Fannie Mae and Freddie Mac called Wednesday for Congress to investigate Federal Reserve Chair Jerome Powell, ...
Bill Pulte, regulator and conservator of entities that buy and securitize many mortgages, also reaffirmed he's 'not happy ...
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President ...