Credit scoring in mortgage industry

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Fair Isaac Stock Is Soaring. Credit Bureau Shares Are Dropping. Here's Why.
Yahoo Financeยท 2025-10-02 15:45
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 ...