FICO shares fall after FHFA approves VantageScore 4.0
Fair Isaac (FICO) shares fell 15.2% in the afternoon session after the Federal Housing Finance Agency approved VantageScore 4.0 for all lenders originating Fannie Mae and Freddie Mac mortgage loans, per the company’s press release.
What Happened? Shares of credit scoring and analytics company FICO NYSE:FICO fell 15.2% in the afternoon session after the Federal Housing Finance Agency approved VantageScore 4.0 for all lenders originating Fannie Mae and Freddie Mac mortgage loans, according to the company’s press release.
FHFA D…