Fair Isaac announced that its latest credit scoring model, FICO Score 10T, will be available at no cost alongside Classic FICO for FHA-approved mortgage lenders starting January 1, 2027, using trended credit and rental payment data to give a more detailed view of borrower behavior over time. Independent analyses cited by Fair Isaac indicate that FICO Score 10T is the most predictive mortgage credit score available, especially for FHA first-time homebuyer loans, where it has outperformed competing models by more than 10% and shown an even larger edge during higher-default periods. The move follows the July 1 release of expanded historical datasets for FICO Score 10T by Fannie Mae and Freddie Mac, which strengthens the evidence base behind 10T's performance and supports lender testing and model validation. Fair Isaac's narrative projects $3.5 billion revenue and $1.3 billion earnings by 2029, requiring 13.8% yearly revenue growth and about a $485 million earnings increase from $815.0 million today. Before this FHA 10T news, the most optimistic analysts were already projecting about US$3.9 billion in 2029 revenue and US$1.5 billion in earnings, while the biggest risk remains regulatory and competitive pressure around mortgage credit scores, including potential lender shifts toward alternative models.
Freddie Mac
Fannie MaeFair Isaac CorporationFair Isaac will offer FICO Score 10T free to FHA lenders from 2027, expanding adoption of its newest scoring model among mortgage lenders.
