News

FICO® Score 10 T Decisively Outperforms VantageScore 4.0 in Mortgage Predictive Accuracy
FICO (NYSE: FICO), global analytics software leader, today released a new white paper revealing that FICO® Score 10 T – the company’s most predictive and inclusive credit scoring model to date – ...
Challenger to FICO Credit Scores Gets Green Light for Use in Mortgages
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
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 ...
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FICO’s BNPL Move May Allow Credit Card Issuers to Gain a Larger Slice of the Payment Pie
FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...
A new type of credit score bursts onto the mortgage scene
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
Expert warns of looming credit 'catastrophe' that could wreck your score in 2025
Credit restoration expert Micah Smith cautions over buy now, pay later loan data hitting your credit report negatively and causing "some pretty large catastrophe." ...
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 Isaac Corporation, the company behind the widely recognized FICO score, to ...
FICO European Fraud Map: UK Leads in "Card Not Present" Fraud and Total Losses
The FICO European Fraud Map 2024 has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 countries shows that Card Not ...
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Fico’s Slovakia failing on rule of law and EU fund oversight, MEPs warn
MEPs raise alarm over media intimidation, political retaliation, and democratic backsliding, drawing parallels with Hungary’s ...
A Risky Race to the Bottom on Housing Credit
There’s a reason the FHFA has long rejected so-called lenders choice. It isn’t a real win for competition and increases risk.
Zacks Investment Research on MSN1d
Down 14.7% in 4 Weeks, Here's Why Fair Isaac (FICO) Looks Ripe for a Turnaround
Fair Isaac (FICO) has been beaten down lately with too much selling pressure. While the stock has lost 14.7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold ...