Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...

There are lots of credit scores out there, but if you're keeping an eye on your credit, here's the one to watch.

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

For decades, mortgage lenders have used a single credit score — the FICO score — to underwrite applications for home loans.

Mortgage lenders can now use the VantageScore 4.0 model when originating loans backed by Fannie Mae and Freddie Mac, which ...

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 ...

The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...

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

VantageScore is a new credit score developed by the three major credit bureaus in 2017. It incorporates alternative data and ...

A major shift is coming to the mortgage industry, and it could make homeownership more accessible for first-time buyers.

FHFA Director Bill Pulte announced on Tuesday that the GSEs will accept VantageScore 4.0 immediately and keep tri-merge ...

Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...