Got FICO? Drop below 700, and you’ll be limited to loans carrying the highest interest rates or often no loans at all. Sound outdated? It is.

The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

New credit scoring models rolling out across the mortgage industry could dramatically expand the number of Americans who receive a credit score — but experts warn that borrowers shouldn’t confuse a ...

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...

VantageScore 4.0 is approved for conforming mortgages sold to Fannie Mae and Freddie Mac. The credit-scoring model uses alternative data, including trending credit card usage and payments for rent and ...

LendScore uses real-time cash flow data and unique account connection insights from the Plaid Network to provide lenders with an updated view of borrower risk To give lenders a more complete financial ...

Credit scores go up and down for a number of reasons. Here's what causes dips and why steady habits usually push it higher in the long run.