Fannie Mae's credit scoring change could open up property loans to more Americans, but experts say risks remain.

Private mortgage insurance companies still require a minimum 600 or 620 middle credit score for borrowers putting less than 20% down.

Private mortgage insurance companies still require a minimum 600 or 620 middle credit score for borrowers putting less than ...

Starting next week, Fannie Mae is eliminating its minimum 620 credit score requirement for borrowers seeking loans that will ...

Federal Housing Finance Agency head Bill Pulte said Monday a deal with Fair Isaac (FICO) to adopt the new FICO 10T credit ...

New guidelines should provide homeownership opportunities for certain consumer segments with thin credit files and open up product options, lenders said.

Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...

Lenders who sell mortgages to Fannie Mae and Freddie Mac used to only be able to use FICO for loan qualification. Now there's ...

Socializing risk to subsidize demand isn't a solution to the housing crisis, but it is a good start to another financial ...

If your loan application was rejected because your credit file is thin, it might be time to reapply with lenders using a new ...

FHFA chair Bill Pulte has recently been lighting up news feeds with announcements of changes at Fannie Mae and Freddie Mac.

This week opens with two major developments for mortgage financier Fannie Mae, setting the stage for potential significant movement in its shares. The company has eliminated its longstanding minimum ...