Tag: Mortgage Credit Scores
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This Week’s Big News for Deed Seekers: Fannie and Freddie Shift to VantageScore® in Loan Decisions
The price of stock in Fair Isaac, a.k.a. FICO®, just tanked. It happened after the Federal Housing Finance Agency (FHFA) director announced a change in the way Fannie Mae and Freddie Mac will consider an applicant’s credit scores. (The FHFA oversees Fannie and Freddie.) Fair Isaac stock plummeted more than 25% on the last Tuesday…

