The New York Times

Mortgage Lenders Can Use a Second Credit Score. Is That Good for Borrowers?

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore. By Ann Carrns Your credit score helps ...
Wall Street Journal

Challenger to FICO Credit Scores Gets Green Light for Use in Mortgages

Shares of Fair Isaac Corp.,FICO-1.91%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 biggest ...
Benzinga.com

Fannie, Freddie Set Stage For Mortgage Credit Overhaul With VantageScore 4.0, But Lenders Urge Caution

Rent and light-bill history could soon help millions secure a mortgage. The Federal Housing Finance Agency (FHFA) has told Fannie Mae and Freddie Mac they may now accept VantageScore 4.0, a credit ...
The New York Times

What the Fed’s Rate Decision Means for Your Finances

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...