Tag Archives: FICO

“Today's decision will benefit borrowers and the Enterprises, along with maintaining safety and soundness," said Sandra L. Thompson, Director of the FHFA.

As fewer buyers become unable to afford higher home mortgage costs, a new CoreLogic analysis revealed that rising interest rates and higher home prices continue to wear at homebuyer affordability. As a result, the diminishing demand from borrowers may lead ...

Competition ensures a healthy and productive market. Credit scores are no exception.  A new study commissioned by VantageScore Solutions, a consortium of the three credit bureaus (Equifax, Experian, and TransUnion), found that institutional investors with exposure to asset-backed securities (ABS) ...

The average FICO credit score hit a record high of 711 this past July. This uptick to the score may come as a shock, especially since it has taken place several months “knee deep” amid a global pandemic, FICO representatives ...

Credit scores alone are not enough to determine the likelihood of mortgage default. Here's how multiple factors complicate default risk, and which metrics can serve as the best early warning signs.

Earlier this year, Equifax and FICO announced a partnership, pooling their collective consumer financial data. Here's how that partnership may affect banks, lenders, and lending practices.

Equifax and FICO will integrate differentiated data and precision decisioning to help financial institutions optimize interactions with customers.

A brief analyzing FHFA's recent proposal on enterprise capital looked to answer two key questions on risk and capital requirement across the business cycle.

From credit counseling initiatives to partnerships to automate REO processes, get the latest buzz on the industry in this weekly update.

The new system aims to improve credit access, giving consumers more control in the credit scoring process.