The removal of a minimum credit score requirement could especially benefit first-time homebuyers, younger borrowers, and ...

Starting Nov. 15, Fannie Mae is eliminating its 620 minimum middle credit score requirement for purchase and refinance home loan credit decisions. Fannie is following Freddie Mac’s lead from several ...

Director William Pulte described as "Huge!," a major obstacle that stalled efforts to introduce more inclusive credit scoring ...

Exactly 30 years ago, Fannie Mae and Freddie Mac adopted credit reports and their scores from FICO as a basis for mortgage credit decisions (approval or denial) and risk-based loan pricing. That FICO ...

A regulator’s decision to allow a big change to the way mortgages are underwritten is meeting a mixed reception from housing and finance professionals. “Effective today, to increase competition to the ...