Advocacy groups warn Trump housing regulator that mortgage credit score changes could trigger another taxpayer-funded bailout like 2008 financial crisis.

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 ...

Got FICO? Drop below 700, and you’ll be limited to loans carrying the highest interest rates or often no loans at all. Sound outdated? It is.

FICO announced it will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models. FICO, the creator of America’s most widely used credit-score system, will begin factoring Buy Now, Pay Later ...

The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

FICO has updated its latest credit score models to include buy now, pay later data, showing how important this pandemic-era tool has become in the overall consumer debt market. Processing Content The ...

Key insight: Experian combines credit, cashflow, trended, and alternative data into one underwriting score. Expert quote: Experian's Scott Brown suggests the model lets lenders "say yes" more often.

A credit score is a number that rates a consumer’s creditworthiness. The higher the score, the better a borrower looks to ...