A regulator’s decision to allow a big change to the way mortgages are underwritten is meeting a mixed reception from housing and finance professionals. “Effective today, to increase competition to the ...

With BNPL loans exploding in popularity, a change is coming to credit scoring that shows just how mainstream they have become ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...

Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...

A new rule could help millions qualify for a mortgage, especially renters, gig workers and those with limited credit history.

We’re enabling lenders to more accurately evaluate credit readiness, especially for consumers whose first credit experience is through BNPL.” Buy-now-pay-later services like Uplift, Affirm, Uplift and ...

You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...

In a market crowded with credit monitoring services that promise financial empowerment but often come with hidden fees, ...

FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for ...

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...

Your credit score has a big impact on how easily and affordably you can borrow money - yet many people have no idea how it's ...