Key facts
- FICO will hold its wholesale mortgage credit score bundle price at $10.
- The price applies to lenders in FICO's Preferred Program.
- The $10 price covers both the Classic FICO Score and FICO Score 10T.
- The FHA will accept Classic FICO, FICO 10T, or VantageScore 4.0 starting Jan. 1.
- Fannie Mae and Freddie Mac already accept VantageScore 4.0 and will accept FICO 10T.
- FHFA is reviewing the use of one or two credit reports in mortgage underwriting.
Fair Isaac Corp. (FICO) announced on Friday that it will maintain its wholesale mortgage credit score bundle price at $10 for lenders and brokers enrolled in its Preferred Program. This flat year-over-year pricing applies to both the Classic FICO Score and the FICO Score 10T. The move comes as the mortgage industry prepares for a transition in credit score requirements, with the FHA accepting multiple score types starting January 1, and Fannie Mae and Freddie Mac already accepting VantageScore 4.0 and signaling acceptance of FICO 10T. The Federal Housing Finance Agency is also reviewing the use of fewer credit reports in mortgage underwriting, with potential policy changes anticipated as soon as 2026. FICO's stock fell approximately 7% to $756 on Monday morning following the announcement.