Fair Isaac is trading 18.36% down now at $913.49 after FHFA Director Bill Pulte instructed Fannie Mae and Freddie Mac to immediately approve all mortgage lenders for VantageScore 4.0.
- Reuters reported the directive expands access beyond the initial 50-lender rollout, intensifying competition with Fair Isaac’s dominant mortgage-credit-scoring business.
- The sharp early-session decline is company-specific; broader software strength and mostly flat major indexes do not explain the move.