Reported 1 day ago
Fair Isaac Corp. saw its shares plunge by 21.9% this week after Federal Housing Finance Agency (FHFA) Director Bill Pulte criticized the company's recent price hikes for credit reports and announced a review of the necessity for multiple credit scores in mortgage applications. Although analysts suggest this may present a buying opportunity due to the broad use of FICO scores and related software services, concerns about reduced demand from potential changes in mortgage scoring practices remain.
Source: YAHOO