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.
By Elias SchisgallShares of major credit bureaus and Fair Isaac fell after a top federal housing regulator criticized their prices and the reliance on FICO scores in mortgage lending.Shares of Fair Isaac, the company behind the FICO score, were down 18% to $922.67 in Friday morning trading.
Equifax…