FICO’s Adoption and Pricing in the Mortgage Origination Market
At $3.50 per score, FICO royalties constitute only 15% of the cost of a $70 tri-merge credit report and 2/10ths of one percent of mortgage closing costs
Simulated FICO Score Impacts due to Mortgage Forbearance
Analysis identified modest impacts to FICO Scores from forbearance-related potential increases in mortgage balance.
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