MCT and FICO Collaborate to Bring Predictive FICO® Score 10 T to Secondary Mortgage Marketplace [Yahoo! Finance]
Fair Isaac Corporation (FICO)
Last fair isaac corporation earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
capital markets technology, and FICO , a global analytics software leader, have today announced a strategic collaboration to integrate FICO® Score 10 T for mortgage asset buyers and sellers on MCT Marketplace. The firms anticipate that mortgage lenders and investors transacting on the largest mortgage asset exchange for the U.S. secondary market, MCT Marketplace, will benefit by leveraging FICO Score 10 T, the company's newest, most innovative and most predictive scoring model. "By integrating the new FICO Score 10 T into secondary marketing processes, we hope to help the 50 percent of delegated correspondent sellers and 95 percent of correspondent buyers that we serve to expand their opportunities and optimize their margins," said Tom Farmer, Chief Investment & Corporate Development Officer at MCT. "Through the enhanced precision and predictive power of FICO Score 10 T, savvy capital markets professionals may find opportunities for sharper pricing." FICO® Score 10 T provides even
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FICO
News
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FICO
Earnings
- 11/6/24 - Beat
FICO
Sec Filings
- 12/19/24 - Form 4
- 12/17/24 - Form 144
- 12/16/24 - Form 4
- FICO's page on the SEC website