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 ...
Key insight: Experian combines credit, cashflow, trended, and alternative data into one underwriting score. Expert quote: Experian's Scott Brown suggests the model lets lenders "say yes" more often.
Hosted on MSN
Fannie Mae, Freddie Mac move beyond FICO with new credit scoring model to boost competition
On Wednesday, Freddie Mac FMCC and Fannie Mae FNMA announced their acceptance of mortgages evaluated using VantageScore 4.0 to reduce costs for American homebuyers and stimulate competition in the ...
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 ...
New credit scoring models rolling out across the mortgage industry could dramatically increase the number of Americans who receive a credit score — but experts warn that borrowers shouldn’t confuse a ...
For millions of "invisible" Americans who have paid rent on time for years but lacked a traditional credit score, the door to the American Dream just swung wide open — but one expert warns not to trip ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results