Why Credit Scores Don’t Always Match and Which One Really Matters Most to You

Your score is constantly changing because lenders regularly provide new information about you to the credit bureaus. For ...
JD Supra

FHFA’s Credit Score Models and Reports Initiative

The FHFA announcement directs Fannie Mae and Freddie Mac to permit lenders to choose between two approved credit score models – Classic FICO and VantageScore 4.0 – for loans sold to Fannie Mae and ...
American Banker

FICO adds BNPL data to credit-scoring models

FICO has updated its latest credit score models to include buy now, pay later data, showing how important this pandemic-era tool has become in the overall consumer debt market. Processing Content The ...
AOL

New credit scoring model for mortgages could help more people buy homes

The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...

Here's Why Your Credit Score Dropped Even Though You Paid Everything on Time

Credit scores go up and down for a number of reasons. Here's what causes dips and why steady habits usually push it higher in ...
American Banker

Experian releases new score with credit and cashflow data

Key insight: Experian combines credit, cashflow, trended, and alternative data into one underwriting score. Expert quote: Experian's Scott Brown suggests the model lets lenders "say yes" more often.

Here's what it takes to achieve an 800 credit score

Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
nationalmortgageprofessional.com

Plaid Unveils New Credit Risk Score Model

LendScore uses real-time cash flow data and unique account connection insights from the Plaid Network to provide lenders with an updated view of borrower risk To give lenders a more complete financial ...