FICO

Borrower Data & Analytics Services

FICO 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

mortgage rates are lower, are buying getting off the fence?

Today’s sellers don’t have to worry about underwater mortgages

Dec 13, 2024By Logan Mohtashami

Underwater mortgages continue to trend downward. Only 1.8% of homes are underwater today, compared to 23% in 2010.

Cardinal Financial issues first mortgage-backed security using FICO 10 T

Dec 03, 2024By Sarah Wolak
Credit reports will be at least 20% more expensive in 2025, frustrated mortgage execs say

Nov 20, 2024By Flávia Furlan Nunes
It’s official: FICO raises score price to $4.95

Nov 06, 2024By Flávia Furlan Nunes and James Kleimann
The mortgage industry braces for (more) FICO price hikes

Oct 31, 2024By James Kleimann and Flávia Furlan Nunes
Lawmakers, MBA call out FICO for potential price hikes

Oct 18, 2024By Chris Clow
Prices for FICO scores are predicted to rise — again — in 2025

Oct 17, 2024By Flávia Furlan Nunes
CFPB director open to changing mortgage regs to fix refi process

Sep 09, 2024By James Kleimann
FHFA releases VantageScore historic data to prepare for new credit reporting requirements

Jul 11, 2024By Neil Pierson
CFPB proposal would ban medical debt from credit reports

Jun 12, 2024By Brooklee Han

FICO Content

credit score concept on the screen of smart phone, checking payment history in bank

How new analytics can help lenders expand access to mortgage credit

Aug 23, 2021 3:53 pmBy Joanne Gaskin

The 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.