FICO Partners with Cotality and Ascend Companies on FICO Mortgage Direct License Program

FICO announced the addition of two new participants to the FICO Mortgage Direct License Program through strategic partnerships with Cotality and Ascend Companies, the parent of Advantage Credit Inc. and Partners Credit & Verification Solutions. These agreements accelerate momentum behind more transparent and efficient options for delivering FICO Scores to the mortgage industry. The FICO Mortgage Direct License Program empowers participating tri-merge resellers, such as Cotality Credco, Advantage Credit and Partners Credit, to generate and deliver FICO Scores directly to lenders.

This innovative program streamlines score delivery and introduces flexible pricing models, helping lenders reduce costs while maintaining compliance and the accuracy of credit decisions?creating a more efficient, competitive mortgage lending environment. By streamlining score delivery, the FICO Mortgage Direct License Program provides lenders with greater transparency and flexibility, supporting affordability and operational efficiency across the mortgage process. A formal update will be provided once the solution is commercially available at tri-merge resellers participating in the FICO Mortgage Direct License Program.