🔴 Fair Isaac is trading 19.55% down today after FHFA gives VantageScore equal mortgage-scoring standing

Fair Isaac is trading at $676.46, down 19.55%, after FHFA announced a unified mortgage pricing grid giving VantageScore equal standing with FICO Classic for loans sold to Fannie Mae and Freddie Mac.

• The policy raises concerns that lenders could use VantageScore instead, weakening Fair Isaac’s position in mortgage scoring.
• Shares closed at $840.89 on September 28, extending recent weakness.
• Multiple reports link the selloff to the announcement; broad-market moves are comparatively modest.