Backers of rival mortgage credit scores wage public relations war
As new scoring models by Fair Isaac and VantageScore vie for acceptance by Fannie Mae and Freddie Mac, claims and counterclaims fly. For now, mortgage giants are stuck with FICO Classic
by Matt Carter Jul 17
Mortgage lenders ask for more guidance on VantageScore 4.0
FHFA Director Bill Pulte is reportedly 'on thin ice' with several Trump administration officials over lack of communication on new Fannie Mae and Freddie Mac credit score policy
by Matt Carter Jul 11
New rules for Fannie, Freddie credit scoring are stumping lenders
Mortgage giants allegedly weren't informed in advance that they'd be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work
by Matt Carter Jul 9
Senate Dems ask Pulte to put Fannie, Freddie revamp on hold
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'
by Matt Carter Jun 6
Fannie and Freddie may stay in conservatorship: Regulator
Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie's profits than privatizing them
by Matt Carter Jun 3
Trump's interest sends shares in Fannie Mae, Freddie Mac soaring
President says he's giving 'very serious consideration' to bringing companies public, and investors are hoping that whatever plan emerges will generate a windfall for them
by Matt Carter May 22
Trump's FHFA could rein in Fannie and Freddie's high-end lending
Cutting the mortgage giants' $806.5K conforming loan limit could relieve pressure on home prices, but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders
by Matt Carter Mar 25