The stock rebounded after FHFA clarified VantageScore will supplement rather than replace FICO scores in GSE mortgage workflows.
read the report →FICO
Fair Isaac Corporation
Fair Isaac Corporation is a global analytics software company best known for creating the industry-standard FICO Score to assess consumer creditworthiness.
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newest firstThe FHFA directed Fannie Mae and Freddie Mac to immediately allow mortgage lenders to use the competing VantageScore 4.0 credit model.
read the report →The FHFA mandated that GSEs accept rival VantageScore 4.0 from all mortgage lenders, ending FICO's mortgage credit scoring monopoly.
read the report →The FHFA ordered Fannie Mae and Freddie Mac to approve competing VantageScore 4.0, ending FICO's mortgage credit scoring monopoly.
read the report →The stock surged due to SEC disclosures of institutional buying and market re-evaluation of its oversold valuation.
read the report →FICO fell after a Q3 revenue miss, rising debt from stock buybacks, and an analyst downgrade citing market share loss to VantageScore.
read the report →FICO fell after missing Q3 revenue, issuing weak full-year guidance, receiving a Wolfe Research downgrade, and insider selling.
read the report →FICO dropped after missing Q3 revenue estimates, issuing weak full-year guidance, and increasing leverage to finance share buybacks.
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