News

Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
The company behind your credit score is plunging on the stock market after a White House announcement
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...
New credit scoring model for mortgages could help more people buy homes
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
Homeownership Just Got Easier For Millions With Limited Credit History—Here’s Why
A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.
This is not a good time to have a bad credit score
Changes are coming to your credit score. As people worry about tariff-induced price hikes and the outlook for the job market, FICO last month announced it will introduce buy-now-pay-later loan data ...
Pulte Updated the Credit Score Policy for Mortgages. That Hit FICO Stock Today.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
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TransUnion: Credit scores dropping by 60 points on average because of delinquent federal student loans
The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...
Credit scores will get a buy-now-pay-later update. Here’s what that means.
With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...
Buy now, pay later payment history could soon impact your credit scores
FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...