What FICO’s credit-score shake-up really means for home buyers

Fair Isaac Corp., or FICO, has dominated credit scoring until recently. - Getty Images/iStockphoto The credit-scoring industry is going through a big shift as companies compete to gain more power over the market — and prospective home buyers should pay attention. The latest move comes from Fair Isaac Corp., or FICO FICO, which is giving mortgage lenders a way to obtain borrowers’ credit scores directly while cutting out the big three credit bureaus, which have historically packaged them for those lenders ...