Understanding the New FICO® Pricing Model and Impacts of Lender Choice

Join us for an overview of FICO’s new Mortgage Direct License Program, which introduces flexible pricing models that could reduce per-score fees by up to 50% while giving you greater control in your lending operations. Now, resellers are enabled to calculate and distribute FICO Scores directly to you, eliminating reliance on the credit bureaus.

What You’ll Learn:

• How the program works: Details on the new way the FICO® score will be distributed
• Pricing Models: You can choose an approach that best matches your business model and enables additional distribution options, benefiting consumers and you
• Current Status: Reseller partner implementation progress and how you can take advantage of the new model
• Lender Choice & Market Impact: How lender choice of credit scores could impact originations and the secondary market

FICO is the global analytics software leader behind the FICO® Score, used by 90% of top U.S. lenders and trusted across over 40 countries. As the most widely used broad-based credit score, it plays a critical role in billions of decisions each year across the credit ecosystem, helping lenders make accurate, reliable, and fast credit risk decisions by rank-ordering consumers by how likely they are to pay their credit obligations as agreed.

Founded in 1956 as a pioneer in predictive analytics and data science, FICO continues to innovate with solutions like FICO® Score 10T, which helps mortgage lenders expand approval rates by up to 5% without incremental risk. Beyond credit scoring, FICO’s advanced analytics protect over 4 billion payment cards from fraud and enhance operations for businesses across financial services, insurance, telecommunications, healthcare, and retail in more than 80 countries.

Learn more at www.fico.com.

Sponsor Video.

Notes: 

1. This session will be interactive so come with your questions.
2. Open to anyone.
3. Session will be recorded.
4. By registering for this event, you submit your information to the webinar organizer and sponsor, who will use it to communicate with you regarding this event and their other services.