US stocks: FICO shares slide as Freddie Mac, Fannie Mae begin accepting rival VantageScore

US stocks: FICO shares slide as Freddie Mac, Fannie Mae begin accepting rival VantageScore

Summary

FICO shares dropped 13% after Freddie Mac and Fannie Mae announced they will accept mortgages scored by rival VantageScore 4.0. This move aims to reduce homebuy...

Description

FICO shares dropped 13% after Freddie Mac and Fannie Mae announced they will accept mortgages scored by rival VantageScore 4.0. This move aims to reduce homebuy...

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