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 ...
FICO, the creator of America's most widely used credit-score system, will begin factoring Buy Now, Pay Later (BNPL) loans into select credit-scoring models later this year. The company released a ...
Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.