FICO Stock Slides Friday: What Investors Need to Know
Fair Isaac is trading lower Friday after the FHFA told Fannie Mae and Freddie Mac to let all lenders use the VantageScore 4.0 credit model.
A government agency told big mortgage companies they can use a different credit-scoring tool, not just FICO's. This means FICO might lose some business, so people watching the stock should notice if it keeps facing competition.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.