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 ...
Fair Isaac, known as FICO, is aiming to cut costs for the mortgage industry as it looks to bypass Equifax, TransUnion and Experian FICO says it plans to license its credit scores for mortgages ...
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Credit-bureau stocks like Equifax’s are getting hammered as FICO moves to directly license mortgage scores
Shares of credit bureaus TransUnion, Equifax Inc. and Experian PLC slumped on Thursday as FICO said it will directly license its scores used to assess mortgage applicants’ creditworthiness. Fair Isaac ...
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