Morgan Stanley Keeps Overweight on TransUnion and Equifax as FHFA Weighs Bi-Merge Credit Reports
Morgan Stanley keeps Overweight on TransUnion and Equifax, saying a possible Fannie-Freddie shift from tri-merge to bi-merge is already priced in.
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FICO Stock Plunges as FHFA Ends FICO’s Pricing Edge in Mortgages
A single Fannie-Freddie pricing grid and Rocket’s switch to VantageScore threaten FICO’s long hold on U.S. mortgage credit scoring.
Pulte Orders Fannie Mae and Freddie Mac to Accept VantageScore From All Lenders
The move challenges FICO’s long-standing dominance of mortgage credit scoring. Equifax and TransUnion shares also fell alongside FICO in premarket trading.
Market Misreads VantageScore Pricing? Jefferies Says FICO Dip Is "Very Favorable" Risk/Reward
FICO shares dropped nearly 20% in two days due to competitor pricing moves on VantageScore 4.0, but Jefferies calls it a market overreaction and sees strong upside with a $2,200 price target and Buy rating.
Equifax Challenges FICO with Expanded Credit Offerings
Equifax is cutting the price of its VantageScore 4.0 for mortgages by over 50% compared to FICO's new price, driving competition and using alternative data to help millions more Americans get scored.
FICO Revolutionizes Mortgage Scoring: Direct Licensing and Pricing Transparency for Lenders
FICO sells mortgage scores directly to lenders, cutting out credit bureaus. This seeks price transparency & savings but hurt bureau stock.