Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility payments in credit history, a move that could help more borrowers qualify for ...

The changes could put added pressure on subprime borrowers, while customers with FICO scores above 680 will likely get a boost. FICO says the improved predictive power of the latest system will ...

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 ...

The company that calculates our credit scores is making changes in the way it comes up with your number. The name of the company is Fair Isaac Corporation, hence the term FICO SCORE. FICO scoring ...

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.

FICO, the creator of America's most widely used credit-score system, will begin factoring Buy Now, Pay Later (BNPL) loans into select credit-scoring models later this year.

The original version of this article mischaracterized the type of debt VantageScore is removing from consideration in its credit scoring model. The model will no longer consider unpaid medical debt.