1451 ET - Fair Isaac Corp. is still looking to raise prices on its mortgage credit-score metric despite rising competition. Mortgage brokers are now allowed to use the competing metric VantageScore to measure applicants' creditworthiness, thanks to a new federal rule. FICO CEO William Lansing tells analysts there is a gap between the value of the score and its pricing, which has increased eight-fold in the past five years. "We're always looking at how we're going to close that gap," he says. Lansing says FICO can manage the new competition because it already competes with VantageScore in non-mortgage lending. "We continue to be committed to that philosophy on price change," he says. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

August 01, 2025 14:51 ET (18:51 GMT)

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