Equifax

New FICO Score for Mortgage Lenders 

Fair Isaac Corp. [stock FIC][/stock] introduced Wednesday a new FICO industry score, BEACON Mortgage Score, specifically designed to help mortgage lenders make the best possible risk decisions when addressing both current homeowners and those aspiring to own, the company said in a press release. Equifax plans to make the new score available in April to mortgage lenders and servicers for use in their loan servicing decisions including mortgage loan modifications.