Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to ...

Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...

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

Bill Pulte, director of the Federal Housing Finance Agency, on X: "Effective today, to increase competition to the Credit ...

Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...

FHFA Director Bill Pulte announced on Tuesday that the GSEs will accept VantageScore 4.0 immediately and keep tri-merge ...

Fair Isaac (FICO) stock tumbled 8.9% in Tuesday trading after FHfA Director Bill Pulte said mortgage finance giants Fannie ...

While VantageScore initially had a 501-900 scale, VantageScore 3.0 changed the grading scale to match FICO's, using a 300-850 scale. Your VantageScore can be based on any of your three credit reports.

Both FICO and VantageScore issue scores ranging from 300 to 850. In the past, VantageScore has used a range of 501 to 990, but the range was adjusted when VantageScore 3.0 was issued in 2013.

The FICO Score and VantageScore are methods of calculating your credit score. But they’re not exactly the same. We break down what you should know about the differences between the two.