FICO
Borrower Data & Analytics ServicesFICO is a software development company. It primarily offers analytics software and tools used in multiple industries to manage risk, address fraud and optimize operations in compliance with government regulations. It is the creator of the FICO Score, the standard measure of consumer credit risk in the United States.
Founded in 1956, FICO is based in Bozeman, Montana.
Latest FICO News
CrossCountry adopts FICO Score 10 T for non-conforming loans, MBS issuances
Jan 09, 2024Cross Country Mortgage claims it is “the first mortgage lender to commit to issuing MBS exclusively based on FICO Score 10 T.”
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Credit reports will be more expensive for mortgage lenders in 2024
Dec 01, 2023 -
Despite record increases, many Americans struggle to tap home equity: study
Oct 12, 2023 -
UWM expands its hard credit reports program
Sep 06, 2023 -
Blend launches soft credit pull function for lenders
May 23, 2023 -
Mortgage group asks regulators to stop FICO’s price hikes of up to 400%
Nov 30, 2022 -
FHFA to replace Classic FICO with more inclusive credit model
Oct 24, 2022 -
Report urges rent payment history in underwriting
Dec 22, 2021
FICO Content
How new analytics can help lenders expand access to mortgage credit
Aug 23, 2021 3:53 pmThe premise that economic disruptions affect mortgage credit availability in broad strokes, posing a particular challenge for consumers with less-than-perfect credit, has become conventional wisdom. But there are innovative ways for lenders to both reduce uncertainty and keep credit flowing during economic downturns, benefiting both lenders and consumers.
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Jim Wehmann explains the impact UltraFICO Score will have on consumers
Nov 05, 2018 12:00 am -
Executive Conversation: Jim Wehmann on FICO’s latest credit score innovations
Sep 10, 2018 11:30 am -
FHFA on credit score delivery: forgotten lessons
Apr 24, 2018 3:00 pm
