Transparency into this credit score evaluation is essential to maintaining trust and confidence across the mortgage industry.

FICO® Score 10T historical data to be released in advance of implementation by the GSEs

With changes underway at Fannie Mae and Freddie Mac, what could competition between credit score models mean for mortgage bankers?

The Federal Housing Finance Agency’s interim “lender choice” policy introduces a dangerous precedent that increases adverse selection risk that will raise prices for consumers. 

An analysis by FICO data scientists has found that FICO Score 10T significantly outperforms VantageScore 4.0 in mortgage origination predictive power. 

Using FICO® Auto Score 10, Octane responsibly expands credit access and grows recreational financing by 36%.

Inappropriate comparisons between credit scoring models could threaten liquidity and consumer access to affordable credit

The FICO Score is a primary factor in determining consumer credit risk for mortgage originations, secondary market, and portfolio management with consumer and regulatory benefits

What student loan borrowers can do to help avoid negative impacts to their credit scores as the federal loan “on-ramp” period ends

The royalty FICO collects for the FICO Score is the lowest among all other components commonly included in mortgage closing costs.

Our initiative with regional leaders in Poland and Ukraine is aimed at improving financial inclusion and credit access for Ukrainian refugees

Milliman assessment evaluates updated FICO models coming to mortgage industry

Leveraging FICO’s heritage of scoring expertise, FICO® Score 10T is built with trended credit data enabling a higher level of predictive power

So far in 2023, consumers have braced inflation, a balanced housing market, looming prospect of a recession, removal of medical collections data, and student loan forgiveness plan