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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for borrower applications.
“The mortgage market is stronger than ever before, and that includes Fannie Mae and Freddie Mac. Both businesses, and both management teams, get stronger by the day,” Federal Housing Finance Agency ...
Ackman supports restructuring GSEs' capital requirements, citing outdated rules. Treasury Secretary Bessent proposes reforms for growth. Mazo and Ackman endorse reducing capital levels for ...
Fannie Mae, Freddie Mac adding a dose of competition to FICO credit scoring Adding this competitor created by the big three credit bureaus likely means credit score prices will go up, not down.
Fannie Mae and Freddie Mac are adding another credit score option for mortgage applicants in a space long held by FICO. Adding competition that uses a different scoring system could help boost ...
A group of Democratic senators are probing the FHFA director's plan to allow Fannie and Freddie to count crypto as an asset when assessing mortgage risk.
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.
Markets are acting like Fannie Mae’s and Freddie Mac’s exit from conservatorship is a sure bet, but the mortgage finance giants’ future status is still uncertain.
He also highlighted the potential to reduce capital requirements on mortgage loans, which could benefit not only banks but also government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac.
After one of the most controversial Cannes Lions in recent memory, One Club, Clios, and D&AD are tightening AI rules ahead of entry season ...
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