News

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
“One Flew Over the Cuckoo's Nest” television series in the works told from Chief Bromden's point of view ‘Biggest joke I’ve ...
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...
Barclays Bank’s fraud team and global analytics software leader FICO have won a prestigious Credit Award for Excellence in Fraud Prevention. The award, presented in a gala event in Wales, recognizes ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
The way your credit score is calculated may change this fall. The Fair Isaac Corp. — commonly known as FICO — announced in June a new version of its scoring algorithms to include buy-now-pay ...
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
Both FICO and VantageScore issue a credit score between 300 and 850 to potential borrowers with the goal of predicting the likelihood that a person will fall behind on debt repayments.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.