To give lenders a more complete financial profile of would-be borrowers, Plaid has introduced a new credit scoring platform ...

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 stock plummeted Tuesday after FHFA Director William Pulte wrote on X that mortgage companies may now use Vantage 4.0, a credit scoring tool developed by FICO's competitors. Lenders currently use ...

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.

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore. By Ann Carrns Your credit score helps ...