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Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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 ...
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
Bill Pulte, regulator and conservator of entities that buy and securitize many mortgages, also reaffirmed he's 'not happy ...
The tool empowers lenders and borrowers to make more informed credit decisions, creating better customer experiences and increasing education around their FICO® Score. FICO® Score Mortgage Simulator ...
FICO® Score Mortgage Simulator gives mortgage professionals the ability to simulate how changes in an applicant’s credit report data can impact their FICO® Score. The tool empowers lenders and ...
There are different formulas for assigning a credit score. However, FICO is the most commonly used credit scoring formula.
This falls into the "fair credit" range for both FICO and VantageScore's rating scales (at 580 to 669 and 601 to 660, respectively). But some landlords and property management companies are ...
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