Question · Q4 2025
Guru Ariel asked about the usage of FICO Scores in the downstream mortgage market, its materiality to total mortgage score volume, overall dynamics, and the potential uptake and value of the new $4.95 plus $33 performance pricing model.
Answer
CEO Will Lansing explained that FICO scores are used extensively downstream by mortgage originators, lenders, GSEs, rating agencies, MBS investors, mortgage insurers, and prudential regulators, a segment FICO historically has not monetized. He confirmed that the per-closed-loan pricing model was designed to capture some of this intellectual property value.
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