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Jim Wehmann, Executive Vice President of Scores at FICO, Joins Mortgage Banker's Association Board

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FICO (NYSE: FICO) announces that Jim Wehmann, executive vice president of Scores, has joined the Mortgage Banker's Association (MBA) Board. The MBA Board consists of 39 elected members from the real estate and financial sectors, focused on shaping the strategic direction of the association. Wehmann expressed his honor in joining the board and aims to advance a diverse and competitive market. At FICO, he leads the global FICO Scores business, focusing on risk management and consumer financial education.

Positive
  • Jim Wehmann's appointment to the MBA Board may enhance FICO's industry influence.
  • Wehmann's leadership in FICO Scores may lead to improved consumer financial inclusion.
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  • None.

SAN JOSE, Calif., Nov. 2, 2021 /PRNewswire/ -- Leading analytics software firm FICO (NYSE:FICO), announced today that Jim Wehmann, executive vice president of Scores at FICO, has joined the Mortgage Banker's Association (MBA) Board.

The MBA Board, chaired by Kristy Fercho, executive vice president and head of Home Lending at Wells Fargo, is comprised of 39 elected members in the real estate and financial industry. The members help set the strategic direction for the MBA and oversee the management of the association's affairs.  

"I am honored to join an organization that is such an important voice in ensuring a fair, responsible and sustainable real estate finance system. FICO shares in the vision and goals of MBA to advance a diverse and a competitive market for all. I look forward to working with such a well-respected and dynamic group of finance leaders and hope to make an impact this year," said Wehmann.

In his role at FICO, Wehmann leads all aspects of the global FICO® Scores business, including FICO Scores used in risk management and distribution of scores to consumers through various channels. His work includes global initiatives designed to positively impact consumer financial inclusion and consumer financial education. At FICO, Jim has developed deep insights into consumer credit trends and reporting practices. Prior to FICO, much of Jim's twenty-five-year career has focused on consumer marketing, including financial products, where he studied consumer behavior and developed communication strategies designed to influence consumer attitudes and actions.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, 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, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time. Learn more at http://www.fico.com

Join the conversation at https://twitter.com/fico, https://www.facebook.com/FICODecisions/ and https://www.instagram.com/FICOscores/.

 

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SOURCE FICO

FAQ

Who is Jim Wehmann and what role does he hold at FICO?

Jim Wehmann is the executive vice president of Scores at FICO, overseeing global FICO Scores business.

What is the Mortgage Banker's Association Board?

The MBA Board consists of 39 elected members from the real estate and financial industry, guiding the strategic direction of the association.

How might Wehmann's role in the MBA Board impact FICO?

Wehmann's role may enhance FICO's influence in the real estate finance sector and support the company's goals in consumer financial inclusion.

What are FICO's main areas of focus under Jim Wehmann's leadership?

FICO focuses on risk management and consumer financial education through its FICO Scores business.

Why is Jim Wehmann's appointment considered significant for FICO?

His appointment provides FICO with a voice in discussions about fair and sustainable real estate finance.

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