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
FHFA releases VantageScore historic data to prepare for new credit reporting requirements
Jul 11, 2024Despite concerns from industry trade groups, the FHFA on Wednesday announced the release of VantageScore 4.0 historic credit data, a step that is designed to ease the transition to new credit reporting requirements by the end of next year.
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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 -
UWM to cover costs of hard credit pulls
Mar 13, 2024 -
FHFA sets transition to new credit models for late 2025
Feb 29, 2024 -
Premier Lending Inc. adopts FICO Score 10 T
Feb 21, 2024 -
CrossCountry adopts FICO Score 10 T for non-conforming loans, MBS issuances
Jan 09, 2024 -
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
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