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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 ...
The stock of Fair Isaac Corp. (FICO) is down 10% on news that Fannie Mae (FNMA) and Freddie Mac (FMCC) are now allowing lenders to use the competing VantageScore credit scoring model. William Pulte, ...
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.
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