financials5 min read
Jefferies Fund Seeks $499M Freeze in Second Invoice Fraud Scandal
1 month ago•Source: Financial Times
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20 min•1 month ago
FHFA Chief’s VantageScore Mandate Triggers Credit Bureau Selloff
Shares of Fair Isaac, Equifax, TransUnion, and Experian fell sharply after FHFA head Bill Pulte posted on social media that the agency would require Fannie Mae and Freddie Mac to adopt VantageScore, challenging the dominance of FICO models. The move signals a potential regulatory shift in credit scoring standards for mortgage lending.
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