FICO CEO defends credit score pricing amid FHFA criticism, says cost isn't blocking home ownership
1. FICO CEO defends pricing against recent critique, asserting low cost impact. 2. FHFA allows mortgage lenders to choose between FICO and rival VantageScore. 3. FICO claims new FHFA policy may undermine financial safety and predictability. 4. FICO holds over 90% market share outside the government-mandated market. 5. New credit score model, FICO 10T, is said to outperform VantageScore.