FICO Score 10T gains timetable for FHA mortgage underwriting
FICO ($FICO) said its Score 10T model will become available to Federal Housing Administration-approved mortgage lenders from the start of 2027. The announcement provides a concrete implementation timetable for use of the newer scoring system in FHA mortgage underwriting. The model incorporates trended credit information and rental-payment data to assess borrower behavior over time. FICO argues that these features improve risk prediction and can support broader lending access, although the releas
0