Fair Isaac slides after FHFA chief criticizes mortgage credit bureau pricing
Fair Isaac fell 18% to $922.67 after FHFA Chief Pulte criticized industry prices and reliance on FICO scores in mortgage lending.
Shares of major credit bureaus and Fair Isaac fell after a top federal housing regulator criticized their pricing and the reliance on FICO scores in mortgage lending. Fair Isaac shares were down 18% to $922.67 in Friday morning trading.