FICO’s agreement to release long-delayed historical 10T data clears the final obstacle to implementing more modern, inclusive credit scoring models at Fannie Mae and Freddie Mac In a move that Federal ...

The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

VantageScore urges lenders to swiftly adopt updated scoring models ahead of 2025 regulatory requirement to tap into underserved markets. A huge pool of 2.7 million potential home buyers await lenders ...

Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) released its latest Supervisory Highlights report, focusing on the use of advanced technologies in credit scoring models. This ...

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

When applying for a mortgage, your credit score affects your odds of approval, interest rate and loan terms. FICO has been the leading credit scoring company for mortgages, but credit scoring models ...

FICO announced it will begin factoring Buy Now, Pay Later (BNPL) loans into scoring models. FICO, the creator of America’s most widely used credit-score system, will begin factoring Buy Now, Pay Later ...