Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...

There are different formulas for assigning a credit score. However, FICO is the most commonly used credit scoring formula.

FICO is the most widely used credit scoring model, developed by the Fair Isaac Corporation in 1989. The higher your FICO score is, on a scale of 300-850, the more trustworthy you are as a borrower.

A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.

The FICO credit score is the most popular and widely used credit scoring model. Created in 1989 by the Fair Issac Corporation (which rebranded to FICO in 2009), it follows a 300-850 scale where a ...

KBRA releases research commenting on the Federal Housing Finance Agency's (FHFA) July 8 announcement that lenders may now use VantageScore 4.0 (VS4) for mortgages sold to government-sponsored entities ...

The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus ...

Financial analytics company FICO has announced two new scores that incorporate buy now, pay later (BNPL) loan data for the ...

According to Experian, a credit score of 620 is often the minimum credit score you need to qualify for an apartment.This falls into the "fair credit" range for both FICO and VantageScore's rating ...

BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE: FICO): “Integrating the FICO Score Mortgage Simulator with MeridianLink Mortgage Credit Link is another step forward in our mission to simplify and ...