Monopoly Pricing
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Senator calls for FTC investigation into FICO score pricing
American Banker· 2026-03-24 19:03
Senator Josh Hawley, a Republican from Missouri, during a hearing on Wednesday, April 17, 2024. Photographer: Graeme Sloan/BloombergGraeme Sloan/Bloomberg A Republican senator launched a new investigation into the leading provider of mortgage borrower credit scores, reiterating prior criticism of a "monopoly" he says proves detrimental to aspiring home buyers. Processing ContentAlongside his own investigation into Fair Isaac Corp., more commonly known by the acronym FICO, Sen. Josh Hawley, R-Mo., also sen ...