Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

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

FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to ...

FICO uses multiple scoring models, but, traditionally, they have looked at a consumer’s data as one snapshot in time. In 2020, however, FICO added a new model that looks at balance activity over ...

Shares of FICO , VantageScore’s biggest rival, tumbled more than 17% Tuesday afternoon following the news. For decades, FICO has dominated the mortgage market, with Fannie Mae and Freddie Mac ...

FICO said it'll start including buy now pay later in credit scores. That could hurt the growing share of users who are ...