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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 ...
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Bankrate on MSNA new type of credit score bursts onto the mortgage sceneFor years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
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