Hawley probes FICO mortgage credit score pricing

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Senator Josh Hawley has launched an investigation into FICO’s mortgage credit score pricing practices, urging the FTC to do the same. He raises concerns about FICO’s high operating margins and significant increases in per-score pricing, which he believes constitutes monopoly pricing power. Hawley suggests these increased costs are ultimately borne by borrowers, particularly first-time homebuyers.

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