Fico Shakes Up Credit-Score Market

Core Insights - Fair Isaac Corp. is providing mortgage lenders with direct access to its FICO credit scores, enabling them to bypass the traditional three major credit-reporting agencies for the first time [1] Group 1 - The new offering allows mortgage lenders to obtain FICO credit scores directly, which could streamline the lending process [1] - This initiative represents a significant shift in how credit scores are accessed and utilized within the mortgage industry [1]