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While FICO credit scores are currently used for mortgage approvals, Vantage Score 4.0 has now been approved.
As the Federal Housing Finance Agency (FHFA) opens the gates for lenders to use VantageScore 4.0 alongside, or in place of, FICO scores for mortgages sold to Fannie Mae and ...
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...
New credit model allows rent and utility payments to be considered, potentially increasing homeownership for 5M buyers.
Fannie Mae and Freddie Mac can now use the VantageScore 4.0 credit rating, potentially opening up mortgages to more renters, ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
FICO says its FICO Score 10 BNPL and FICO Score 10 T BNPL — set to launch this fall — would be the first credit scores from a leading scoring company to account for Buy Now, Pay Later activity.
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