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S&P 500 Movers: Equifax Hits Back At FICO In Credit Score Wars
Investorsยท2025-10-08 13:04

Core Insights - Equifax (EFX) has gained in the S&P 500 after reducing prices for mortgage credit scores, responding to Fair Isaac's (FICO) recent strategy to decrease the mortgage industry's dependence on credit bureaus [1] - Fair Isaac (FICO) experienced a decline in early stock market performance, despite maintaining most of last week's gains [1] Company Actions - Equifax's price reduction for mortgage credit scores is a strategic move to enhance competitiveness in the mortgage market [1] - Fair Isaac's initiative appears to be aimed at reshaping the mortgage industry's reliance on credit reporting agencies [1] Market Performance - The S&P 500 index reached a record high, with companies like Western Digital and Coinbase also performing well during the week [2]