A "For Sale" sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. The Trump administration is considering selling shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to senior administration officials. Fair Isaac Corp. will now sell credit scores directly to mortgage resellers, a move that sent shares of third-party credit bureaus plunging. Through a new program, mortgage resellers will be able to calcula ...

Key Points Fair Isaac came out with new alternatives for lenders to bypass credit bureaus in obtaining a FICO score. FICO would make much more money per score under these new options, taking from the revenue pie of credit bureaus. Credit bureau stocks fell as FICO soared, but each player is encroaching on the other's turf. 10 stocks we like better than Fair Isaac › Shares of Fair Isaac Corporation (NYSE: FICO) were soaring on Thursday, rising 20.5% as of 2:05 p.m. ET. Fair Isaac is the dominan ...

Fair Isaac Corp.’s shares surged in Thursday morning trading after the US data analytics company said it would license its credit scores directly to mortgage resellers, raising concerns of margin pressure for major credit bureaus.Shares of Experian, Equifax and TransUnion tumbled on fears that the move could curtail the intermediary role of the credit reporting companies.FICO score, created by Fair Isaac, is a US credit scoring system used by nearly 90% of lenders to evaluate a borrower’s creditworthiness. ...

Shares of FICO score provider Fair Isaac are surging while credit bureaus are seeing some pressure pretty much across the board. Diana Ollex here with more on what's driving the move. Morning Diana. >> Good morning Carl.Yeah, FICO, which is the credit score that decides if you and I qualify for mortgages and at what interest rate, is now licensing its scores directly to lenders instead of going through the credit bureaus like TransUnion, Equifax, and Experian. And those bureaus are the middlemen. They charg ...

Oo shares rallying today. The company says it will license its credit scores directly to mortgage resellers, effectively bypassing credit bureaus. Federal housing director Bill Py tweeting that quote, "Increased competition makes the market safer, sounder, and more cost-effective." Joining us this morning exclusively is FICO CEO Will Lancing.Will, welcome back. Good to have you again. >> Thank you.>> Um, can you talk about the motivation for the move. We can we can kind of guess. >> And your guess would be ...

Fair Isaac, the creator of the FICO score, saw shares rally more than 20% on Thursday after it unveiled a new pricing model that will allow mortgage lenders to bypass credit bureaus for credit scores.The Montana-based data analytics company said it would license its credit scores directly to mortgage resellers who can then distribute FICO scores directly to borrowers. The FICO score is a U.S. credit scoring system that is used by nearly 90% of lenders to evaluate a borrower's credit risk. Scores generally r ...

FICO upended the credit-scoring industry by giving mortgage lenders a way to offer its FICO credit score without dealing with Experian, Equifax or TransUnion. ...

Mortgage lenders could benefit from news announced by Fair Isaac today. Frederic J. Brown / AFP via Getty Images Close Shares of Fair Isaac remain in negative territory in 2025. They fell earlier this year after the FHFA said mortgage companies could use a credit scoring system created by its competitors. Top Stories S&P 500 Hits New High as Stocks Rise for 4th Straight Day Will the Momentum in AI Stocks Be Sustained? What a Government Shutdown Could Mean For You Government Shutdown Leaves Fed Without Data ...

Frederic J. Brown / AFP via Getty Images Mortgage lenders could benefit from news announced by Fair Isaac today. Key Takeaways Fair Isaac said it would provide its FICO credit scores directly to firms that provide credit reports to lenders. The data provider said the decision would eliminate reliance on the three nationwide credit bureaus. Shares of those credit bureaus declined on the news, while Fair Isaac's jumped. Shares of two credit-score providers sank after data provider Fair Isaac (FICO) sa ...

Fair Isaac (NYSE:FICO) stock surged 20% in Thursday morning trading after it announced on Wednesday a direct license program that gives resellers the option to calculate and distribute FICO stores directly to their customers. That put pressure on the three major ...