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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
With Trump’s tax overhaul now in the rearview mirror, a potential Freddie and Fannie conservatorship release could move up ...
More details are out about the government-sponsored enterprises' acceptance of nontraditional credit metrics. But pundits say ...
The federal government could net as much as $206 billion in the process.
Comments by Bill Pulte, director of the agency that oversees the mortgage giants, suggest that releasing them from ...
Bill Pulte started with viral cash giveaways, public family feuding, and meme stocks. Now he’s targeting Jerome Powell and ...
The U.S. government could profit from its stake in Fannie and Freddie, but only if the mortgage giants were run through ...
For the last two decades, Fannie Mae and Freddie Mac have relied on the widely used FICO credit score to understand borrowers’ ability to repay mortgage loans. Now it’s expanding to include ...
You have to give points for creativity to an Ohio pension fund that lost big when Freddie Mac's share price nosedived at the beginning of the subprime mortgage crisis in 2007.
Fannie Mae and Freddie Mac are also rolling out a new credit reporting system that factors rent payments into creditworthiness scores, one of the biggest systemic barriers experts say keep renters ...
Fannie Mae (the Federal National Mortgage Association, FNMA) and Freddie Mac (Federal Home Loan Mortgage Corporation, FHLMC) are government-sponsored enterprises (GSEs) that purchase mortgages.
But, according to research from Freddie Mac, less than 10 percent of renters have their rent payments reported on their credit report.
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