FICO Partners with LoanPASS to Launch First Batch Pricing Tool for FICO® Score 10T

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Key Terms

batch pricing tool technical

A batch pricing tool is software that updates or assigns prices to many securities, products or orders at once instead of one by one. Think of it like using a single spreadsheet command to change hundreds of cells: it saves time, ensures consistent rules are applied and reduces human error. For investors, it matters because faster, uniform repricing can affect trade execution, portfolio valuation and how quickly markets reflect new information.

Product and Pricing Engine (PPE) financial

A product and pricing engine is software that automatically designs product or service offerings and calculates the correct price by combining rules, costs, discounts and customer data. It matters to investors because it directly affects revenue, profit margins, speed to market and the ability to scale — like a smart cashier and catalog manager that helps a business sell the right thing at the right price, faster and with fewer mistakes.

trended data technical

Trended data is a sequence of numbers or measurements collected over time and arranged to reveal patterns, direction and changes rather than isolated snapshots. Think of it like following a person’s weekly weight on a chart: seeing the trend helps separate short-lived blips from sustained movement. For investors, trended data clarifies performance momentum, highlights recurring cycles or risks, and supports better forecasting and valuation decisions.

non-conforming mortgage loans financial

Non-conforming mortgage loans are home loans that do not meet the standards set by the major government-sponsored buyers of mortgages or exceed the maximum loan size they will buy; think of them as products that won’t fit into the standard shopping cart. Investors watch them because they carry different risks, pricing and resale options than standard loans, affecting lenders’ profitability, bond-like mortgage investments, and the stability of credit markets.

credit bureau data financial

Credit bureau data is the collection of individual and business credit histories gathered by specialized agencies, including payment records, outstanding balances, loan types, and public notices like bankruptcies. Think of it as a financial report card or driving record that shows how reliably borrowers repay debts. Investors use this data to judge lending risk, forecast loan losses, evaluate the quality of debt portfolios and securities, and read broader consumer credit trends that affect company revenues and the economy.

predictive performance technical

Predictive performance measures how well a model, signal or forecast correctly anticipates future outcomes such as stock prices, earnings or risk. It matters to investors because better predictive performance means more reliable guidance for buying, selling or hedging — like a weather forecast that more often correctly predicts rain, allowing you to plan and reduce costly surprises. Investors use validation metrics and backtesting to judge whether a prediction tool truly helps improve returns or manage risk.

01/28/2026 - 04:00 PM

New capability to enable lenders to compare FICO® Score 10T and Classic FICO® across thousands of loans simultaneously

BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE: FICO), global analytics software leader, today announced that LoanPASS is advancing its integration of FICO® Score 10T by launching the next phase of its project: a batch pricing tool designed to price thousands of files simultaneously. This new capability allows lenders to conduct large-scale, side-by-side comparisons of pricing outcomes between FICO® Score 10T and Classic FICO, delivering unprecedented insights into rate advantages and risk management strategies.

LoanPASS was the first Product and Pricing Engine (PPE) to implement FICO® Score 10T into its platform, enabling lenders to evaluate credit risk using trended data for non-conforming mortgage loans. Building on this milestone, the new batch pricing functionality empowers lenders to analyze performance characteristics at scale, helping them make more informed decisions about adopting the latest scoring model.

“Our goal has always been to give lenders the tools they need to stay competitive and we are incredibly proud to be the first PPE to offer FICO Score 10T for non-conforming loans,” said Mike Lewis, president of LoanPASS. “Our integration of this advanced score gives lenders deeper insights into borrower risk profiles and pricing strategies. LoanPASS is dedicated to giving our clients the flexibility and transparency they need to stay competitive in today’s dynamic lending environment.”

FICO® Score 10T incorporates trended credit bureau data, which provides a more comprehensive view of consumer credit behavior over time, such as whether balances are increasing or decreasing, helping lenders make more informed decisions. Early adopters of the model have seen potential improvements in predictive performance of up to 10% over previous versions.

“FICO’s Mortgage and Capital Markets team is dedicated to helping lenders realize the full value of FICO Score 10T,” said Julie May, vice president and general manager of B2B Scores at FICO. “LoanPASS’s new batch pricing capability builds on that vision by enabling lenders to compare pricing outcomes at scale with confidence. Together, we’re providing the transparency and insights needed to accelerate adoption of FICO’s most predictive credit scoring model.”

FICO is committed to assisting mortgage industry participants looking to transition to FICO® Score 10T. FICO’s Mortgage and Capital Markets team can provide support across the mortgage ecosystem. In addition to helping the industry prepare for and understand the benefits of FICO Score 10T, the team can help clients identify potential areas to reduce default exposure and maximize opportunity utilizing the latest credit tools and insights. More information: FICO Score Migration Resource Center

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

Learn more at https://www.fico.com/en.

Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/

For FICO news and media resources, visit https://www.fico.com/en/newsroom.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

About LoanPASS

LoanPASS is the modern product, pricing, and automated underwriting system (AUS) built to help lenders scale specialty lending profitably. Designed for Agency, Non-QM, DSCR, private credit, and portfolio lending, LoanPASS empowers banks, credit unions, IMBs, and private lenders to automate decisions, accelerate product deployment, and increase underwriting throughput without expanding staff or relying on legacy tools. With a flexible no-code rules engine and open-API architecture, LoanPASS enables lenders to digitize manual pricing workflows, ensure consistent and compliant decisions, and deliver faster borrower responses, improving loan quality, speed, and profitability. LoanPASS is purpose-built for lenders who want to compete and win in modern lending markets. LoanPASS operates alongside PMI Rate Pro™, a mortgage insurance quoting and ordering platform supporting all major U.S. MI providers. Visit LoanPASS for more information.