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Missouri senator opens investigation into FICO’s mortgage credit score pricing

Credit Score, FICO, First-Time Homebuyers, HWmember, Missouri, Mortgage, Origination, Senate /

U.S. Sen. Josh Hawley (R-Mo.) has opened an investigation into Fair Isaac Corp. (FICO)’s pricing practices in the mortgage industry and is urging Federal Trade Commission (FTC) Chairman Andrew Ferguson to do the same. FICO dominates the credit scoring market for mortgage lenders, largely due to decades of exclusive acceptance for loans sold to Fannie […]

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TransUnion fires latest volley in credit-score price war

TransUnion fires latest volley in credit-score price war

Credit scores, FICO /

TransUnion has further slashed its mortgage origination price for VantageScore 4.0, a metric the government-related secondary market is seeking to promote as an alternative to traditional measures available from FICO. Processing Content The considerably lower $0.99 price is down from $4, which already was a 50% discount relative to earlier pricing, said Satyan Merchant, the

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Experian imposes another price increase on mortgage lenders

Credit Score, Experian, FICO, HWmember, LendingLife, Mortgage, Origination, Xactus /

Experian is imposing another price increase on credit reports sold to mortgage lenders — an unusual move at this time of year, according to resellers who spoke with HousingWire. “I have never seen a price increase after a price increase in January,” said one reseller executive, who requested anonymity to avoid potential retaliation. “It comes

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Minor FICO score improvements can ease homebuying costs

Affordability, Credit Score, FICO, Housing Market, HWmember, Lenders, Mortgage /

Improving a credit score could save homebuyers tens of thousands of dollars in mortgage interest, according to a new nationwide study from AD Mortgage, released on Thursday. The analysis, Credit Score vs. Mortgage Cost: How Long It Takes to Improve and How Much It Can Save, State by State, shows that even modest gains in

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Why the tri-merge credit mandate is hard to defend

Credit, Credit reporting, FICO, Originations, Underwriting /

Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now In a December 2025 letter to Federal Housing Finance Agency Director Bill Pulte, the Mortgage Bankers Association noted that “the current GSE requirement to obtain a report from each of the three credit

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FHFA Director Pulte criticizes credit bureau pricing

Bill Pulte, Credit Score, Equifax, Experian, FICO, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, TransUnion /

Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), took to the social media platform X on Monday to seemingly call out credit bureaus for their pricing. “I do not understand what the credit bureaus are doing with their pricing — they are inviting a lot of scrutiny that is only intensifying by

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Easing GSE credit score requirements raises risk concerns

Credit Score, Fannie Mae, FHFA, FICO, Freddie Mac, Mortgage, Regulatory, VantageScore /

At a time when lack of affordability is a major issue for prospective homebuyers, eliminating minimum credit score requirements in GSE automated underwriting may sound like a great idea to expand credit access. However, there’s a reason the GSEs had such requirements in place for decades. They acted as an important override against errors in the analytical

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Mortgage credit report costs could jump 50% in 2026

Credit Score, Equifax, Experian, FICO, HWmember, LendingLife, Mortgage, Origination, TransUnion, VantageScore, Xactus /

Credit report prices for mortgage lenders will increase by up to 50% in 2026, despite regulatory efforts to boost competition and recent pricing shifts by some players, resellers told HousingWire. It will mark the fourth consecutive year of higher costs.  The increase is tied to credit reports that originate with FICO information and flow through

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Mortgage credit model overhaul: FICO 10T and VantageScore 4.0

Credit Score, Equifax, Experian, Federal Housing Finance Agency, FICO, HWmember, LendingLife, Mortgage, TransUnion, VantageScore /

The way that mortgage lenders assess credit risk is undergoing its biggest overhaul in decades as the Federal Housing Finance Agency (FHFA) is preparing to roll out a new framework that allows lenders to use two scoring models — FICO 10T and VantageScore 4.0. FHFA Director Bill Pulte and the Trump administration have voiced support

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A growing foreclosure crisis? Not according to the latest Fed data

FICO, Foreclosure, Home Equity, Housing Market, HWmember, Mortgage /

Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Two laws that

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