The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for borrower applications.

For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...

President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept ...

Fannie Mae and Freddie Mac will now allow lenders to use VantageScore, as well as FICO scores, when underwriting loans.

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

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

Credit scores range from 300 to 850. When your score is over 800 ... Earlier this year, credit bureau Experian released a ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...

Boosting your credit score from 580 to 800 involves timely repayments, low credit utilisation, diverse credit mix, fewer loan ...

Rates on personal loans jumped up last week. Still, if you're in the market for a personal loan to finance a project, a large purchase or unexpected bills, or to improve your cash flow, it's possible ...

With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...