U.S. housing regulator says FICO keeping borrower costs high
Federal housing regulator Bill Pulte said FICO was unduly keeping consumer costs high and that his agency is studying changes to how credit reports are used to reduce borrowing costs.
S. federal housing regulator Bill Pulte said on Wednesday credit scoring company FICO NYSE:FICO was unduly keeping consumer costs high, and said his agency was studying changes to the use of credit reports to help reduce borrowing costs. The remarks were posted on social media from Federal Housing Finance…