Category: FICO

Mike Olden, Reba Haas, Eric Aasness

Mike Olden: VP Sales & Education at the American Reporting Company

This Week on ‘Open House’, Reba and Eric welcomed Mike Olden, Vice President of Sales and Education for the American Reporting Company. They provide credit reporting and settlement services to the mortgage lending communities. Together they covered topics including: Credit reporting updates that affect consumers and lenders. Are all credit scores...

house

Fannie Mae/Freddie Mac Allow Non-FICO Score

Surprising mortgage watchers, the Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac to use VantageScore as an alternative to the FICO credit scoring model. How will this affect you when you are scouting out a new home purchase? By allowing new entrants into the credit scoring game,...