News

Fannie and Freddie may use new credit scores. Will it help you get a mortgage?
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
Paying Rent on Time Could Now Help You Get a Mortgage After Key Change at Fannie and Freddie
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
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Fannie and Freddie’s Credit Update Prompts Debate Over Who Wins in Housing
When Federal Housing Finance Agency Director William Pulte took to social media to announce that Fannie Mae and Freddie Mac ...
Pulte’s Social Media Posts Become Must-Follow for Stock Traders
For years, investors have found themselves at the whim of President Donald Trump’s social-media posts. Now, traders are being ...
Fair Isaac stock tanks after FHFA allows Fannie, Freddie to use VantageScore
Fair Isaac (NYSE:FICO) stock tumbled 8.9% in Tuesday trading after Federal Housing Finance Agency Director Bill Pulte said ...
A new type of credit score bursts onto the mortgage scene
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
Rent payments could help Americans qualify for a mortgage, FHFA says
Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, ...
Fannie, Freddie boss Bill Pulte claims Jerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central ...
Fannie, Freddie chief urges Congress to investigate Powell
The overseer of Fannie Mae and Freddie Mac called Wednesday for Congress to investigate Federal Reserve Chair Jerome Powell, ...