FICO Holds $10 Mortgage Score Price Amid New Competition
Fair Isaac said it is maintaining its $10 price for mortgage lenders to use its FICO score, more than double the price of competitor VantageScore 4.0. FICO shares fell 8% to $750 in after-hours trading and were down 50% year to date through the close.
Fair Isaac said mortgage lenders will continue to pay $10 to use its FICO score. That price is more than double the price of competitor VantageScore 4.0. FICO shares fell 8% to $750 in after-hours trading. Through the close, the stock was down 50% this year.