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Mortgage lenders adopt more tech tools, FICO Score 10T passes 70 lenders
The FICO Score 10T rollout has surpassed 70 mortgage lenders, while verification platforms like Truework and data automation tools are pitching lower verification costs and faster turn times.
Mortgage industry technology adoption is accelerating as lenders invest in new loan origination and verification tools, according to Mortgage News Daily. The outlet points to FICO Score 10T adoption exceeding 70 mortgage lenders, underscoring broader uptake of newer credit scoring capabilities across the channel.
The publication also highlights STRATMOR Group’s upcoming 2026 Technology Insight Study, including its LOS Perception Survey, which is designed to gauge how lenders view today’s loan origination systems and how AI, automation, and other technologies may be shaping expectations. Mortgage lenders are invited to participate, with STRATMOR offering a complimentary summary report to participants.
Mortgage News Daily further describes technology used to streamline income, employment, and asset verification. It cites Truework, a Checkr company, saying the platform replaces slow manual processes with automated reports pulled from payroll providers and other authoritative sources, and it claims lenders can see up to 50 percent cost savings on verifications, with faster turn times and higher accuracy.
The outlet also discusses workflow tools aimed at reducing manual setup for lending rules and pricing logic, referencing Optimal Blue’s Rules Assistant in its PPE product. The described goal is to reduce time spent configuring rules manually and to limit duplication or misconfigurations in rule building.