FICO stock sank after two federal agencies announced Wednesday that mortgage giants Fannie Mae and Freddie Mac and the ...
The government-backed entities are embracing a rival type of credit score.
Freddie Mac (FMCC) said on Wednesday that it will begin accepting mortgage loans assessed using the credit scoring model ...
The Federal Housing Finance Agency (FHFA) is pushing the mortgage industry into a new phase of credit score competition, with ...
WASHINGTON, April 22, 2026 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced upcoming updates to its Selling Guide to allow for the use of VantageScore® 4.0, effective immediately, and the ...
April 22 (Reuters) - Shares of Fair Isaac, better known as FICO, slipped 12% on Wednesday after Freddie Mac and Fannie Mae said they will now accept mortgages assessed using rival credit scoring ...
Mortgage agency Fannie Mae said it is allowing lenders to use VantageScore, a competitor to Fair Isaac's FICO score, effective immediately. Freddie Mac said it would also begin accepting mortgage ...
BOZEMAN, Mont.--(BUSINESS WIRE)--Global analytics software leader FICO (NYSE: FICO) today announced a major shift in the delivery of FICO® Scores to the mortgage industry. With the launch of the FICO® ...
FICO scores are one brand of credit score. Your FICO score is calculated using the data in your credit reports.
FICO estimates that about 110 million consumers will see a change of less than 20 points to their score under the new credit score model. Overall, roughly 80 million consumers will see a change in ...