Senator urges DOJ to investigate FICO over increasing costs to mortgage lenders
Housing Wire
MARCH 21, 2024
FICO), the company that retains the rights to the mortgage market’s adopted methodology to measure consumer credit risk. ” Hawley’s move follows a December report showing that FICO would start charging one price to all mortgage lenders that access credit reports, regardless of their sales volumes. Josh Hawley (R-Mo.)
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