News

Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a ...
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
Barclays Bank’s fraud team and global analytics software leader FICO have won a prestigious Credit Award for Excellence in Fraud Prevention. The award, presented in a gala event in Wales, recognizes ...
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.
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Shares of FICO , VantageScore’s biggest rival, tumbled more than 17% Tuesday afternoon following the news. For decades, FICO has dominated the mortgage market, with Fannie Mae and Freddie Mac ...
FICO uses multiple scoring models, but, traditionally, they have looked at a consumer’s data as one snapshot in time. In 2020, however, FICO added a new model that looks at balance activity over ...
Shares of Fair Isaac Corp.,FICO-6.54%decrease; red down pointing triangle the company behind the FICO credit score, sank nearly 9% Tuesday after a federal agency greenlighted the use of its ...