General World News

CIC Credit joins FICO’s direct license initiative

CIC Credit, a provider of verification and credit services for the mortgage industry, said on Tuesday that it will participate in the FICO Mortgage Direct License Program, a new initiative from analytics firm Fair Isaac Corp. (FICO) aimed at streamlining access to credit scores.

The program allows CIC to calculate and distribute FICO Scores directly to customers, offering improved pricing and greater transparency for mortgage lenders, brokers and other industry participants.

CIC said the partnership reflects its efforts to deliver more cost-efficient tools for lenders and help to modernize credit infrastructure across the $12 trillion U.S. mortgage market.

“At CIC Credit, details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com