Fair Isaac Corporation: Risk of Government Intervention Appears to Have Emboldened Company to Increase Price on Mortgage Industry; New Policy Could Further Entrench Company’s Hold on the Industry

Published on Oct 23, 2024

After several recent price hikes on credit scores used in the mortgage lending business, the Fair Isaac Corporation (FICO) is rumored to be readying yet another increase at the start of 2025—a move that will again leave customers with no recourse because of the entrenched nature of the FICO score in the mortgage lending industry.

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