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
Credit reports will be at least 20% more expensive in 2025, frustrated mortgage execs say
Nov 20, 2024Lenders have yet to see price increases from credit providers. However, in planning for 2025, many have already started factoring in higher credit reporting costs.
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It’s official: FICO raises score price to $4.95
Nov 06, 2024 -
The mortgage industry braces for (more) FICO price hikes
Oct 31, 2024 -
Lawmakers, MBA call out FICO for potential price hikes
Oct 18, 2024 -
Prices for FICO scores are predicted to rise — again — in 2025
Oct 17, 2024 -
CFPB director open to changing mortgage regs to fix refi process
Sep 09, 2024 -
FHFA releases VantageScore historic data to prepare for new credit reporting requirements
Jul 11, 2024 -
CFPB proposal would ban medical debt from credit reports
Jun 12, 2024 -
Chopra: Credit reporting industry’s fee hikes ‘raise big questions’
May 20, 2024
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
