In 2017, Brittany Greene was on track to be promoted from an assistant to a business analyst position at her company, she says. She’d earned her master’s degree in project management and shadowed with the team. But Greene didn’t get the job — and says her poor credit history played a role. “I actually found…
Morsa Images | Digitalvision | Getty Images There’s a line item in homebuyers’ closing costs that’s causing a clash in the mortgage industry: the fee for lenders to check borrowers’ credit. While the charges — typically in the tens or hundreds of dollars — represent a tiny slice of the amount that buyers pay when…
Pavlo Gonchar | Lightrocket | Getty Images Fair Isaac, the creator of the FICO score, saw shares rally more than 20% on Thursday after it unveiled a new pricing model that will allow mortgage lenders to bypass credit bureaus for credit scores. The Montana-based data analytics company said it would license its credit scores directly…
