Tag Archives: Fair Isaac

Fannie, Freddie regulator vows to protect consumers from rising credit report fees

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FHFA Director Bill Pulte’s tweet dented Equifax, Experian and TransUnion shares as the MBA renewed calls to do away with tri-merge reporting. Continue reading →

Cotality and Ascend licensed to generate FICO scores for lenders

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Fair Isaac’s Mortgage Direct License Program is aimed at eliminating mark-ups charged by credit reporting agencies Equifax, Experian and TransUnion — backers of competing VantageScore. Continue reading →

Rate cuts, podcasts, buyer’s agents: Inman’s Top 5

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

This week was all about NAR: Inman’s Top 5 stories

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

FICO scores, magic phrases, earnings digs: Inman Top 5

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

Mortgage giants ‘very close’ to accepting new FICO score

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FHFA Director Bill Pulte says his agency is currently reviewing a potential deal with Fair Isaac to allow lenders to use the more inclusive FICO Score 10 T when submitting loans to Fannie Mae and Freddie Mac. Continue reading →

Why Fannie and Freddie still won’t accept more inclusive credit score

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FHFA Director Bill Pulte ordered the mortgage giants to start using more inclusive VantageScore 4.0 in July. But adoption is a “complex, technical and arcane” process that could drag into next year. Continue reading →

Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50

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Once Fannie Mae and Freddie Mac are ready to start accepting VantageScore 4.0, the algorithm will go head-to-head with the less inclusive FICO Classic score. Continue reading →

Credit bureaus slam plan to cut them out of FICO score pricing

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Lending industry groups and FHFA director Bill Pulte welcomed Fair Isaac’s new direct license pricing as a useful first step, but said more reforms and competition are needed. Continue reading →

Let mortgage lenders pull one credit score, trade group says

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The tri-merge system is “an anachronism from the days when there were significant disparities in coverage by the credit bureaus,” MBA says in advocating new approach. Continue reading →