Fair Isaac Corp.’s (FICO) decision to let resellers calculate and distribute its scores directly to lenders drew a mixed response from the mortgage industry — viewed by some as a step toward more competition, but by others as a potential driver of higher credit score costs in the short term.

On Wednesday, FICO unveiled the program, which bypasses the three nationwide credit bureaus (Equifax, TransUnion and Experian) by distributing scores directly to credit reporting agencies (CRAs).

​​The move comes amid heightened competition with VantageScore, owned by the three bureaus, whose VantageScore 4.0 will soon be eligible for use details ⇒

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