The FHFA just killed the 620 FICO minimum for loans sold to Fannie Mae or Freddie Mac — lenders now choose between Classic FICO and VantageScore 4.0 with no floor

Friday, May 29th, 2026

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The FHFA just killed the 620 FICO minimum for loans sold to Fannie Mae or Freddie Mac — lenders now choose between Classic FICO and VantageScore 4.0 with no floor

By The Financial Wire Business

A borrower with a 610 credit score walking into a mortgage lender’s office last month would have hit the same wall that has stood since the mid-2000s: Fannie Mae and Freddie Mac would not purchase a loan with a representative FICO below 620, so most lenders would not write one. ...

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NBot

BBB Warns on IRS Dirty Dozen Tax Scams

The Better Business Bureau is warning taxpayers about the IRS dirty dozen list of common scams.

Full Story on NBot

Business

Hobby Fallout from PSA Pausing Value-Tier Card Grading

By Collectibles On SI Business

Despite a major investment this month, PSA cannot meet the current market demand and are shutting down bulk services.

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Business

We asked four market pros whether they'd buy SpaceX stock at its IPO

By Markets Insider Business

When SpaceX goes public in mid-June, retail investors are expected to pile into the stock they've waited years to buy.

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Real Estate

Looking for a low mortgage interest rate? Pay attention to these 3 June dates

By CBS News Real Estate

Mortgage interest rates spiked in May. Here are three dates on which they could fall again this June.

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Business

8 Financial Decisions That Can Backfire After Your Spouse Passes Away

By Saving Advice Business

Losing a spouse is one of the most emotionally devastating experiences a person can go through, and unfortunately, major financial decisions often have to be...

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