There is now a certification program for the person who has a strong understanding of the FICO credit score and how it impacts both the lender and the consumer. Minneapolis-based FICO has teamed up with AllRegs, Eagan, Minn., to create the Certified FICO Professional designation or FICO Pro for short. In order to receive this certification, candidates must agree to a code of ethics and successfully complete three one-hour online courses delivered by AllRegs Academy: Exploring FICO Scores, Analyzing the Credit Report, and Communicating Credit Information. Registration in the program includes access to all three required courses. FICO Pro certification candidates have 12 months to complete the program from the date of enrollment.
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In 8-minute presentations, tech providers showed how they're utilizing artificial intelligence to automate entire workflows, supercharge capacity and emphasize compliance.
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The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
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New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.
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Borrowers hold a total of $17.9 trillion in home equity in the United States, equal to $310,000 per homeowner, according to Cotality.
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The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
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ICE dropped its post-Dec. 31 SDK access fee as migration lags. Audit plugins, get written confirmation from ICE, budget for dual-running and weigh API-native rivals.
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