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FHFA's move to greenlight VantageScore 4.0 while sidelining FICO 10T has sparked a high-stakes clash over the future of mortgage credit scoring.
Opening and closing credit cards can also damage your credit score, per this warning from FICO (FICO). What does it all mean? Unexpected life events such as job loss or an emergency can throw your ...
Shoppers are concerned about the economy, and they have reason to be. Consumer confidence declined last month.
When Federal Housing Finance Agency Director William Pulte took to social media to announce that Fannie Mae and Freddie Mac ...
FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
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Money Talks News on MSNWhat’s the Difference Between FICO and VantageScore?So, it’s no surprise that people want to know more about two popular scores: the FICO score and VantageScore. Read on to ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
FICO announced that two new scores coming this fall will incorporate BNPL activity. The new scores will treat BNPL differently from other credit and loan products. Consumers who use BNPL ...
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