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Fair Isaac shares plunge 15%-18% after FHFA approves VantageScore 4.0

Verifying
  • FHFA approved VantageScore 4.0 for mortgage lenders serving Fannie Mae and Freddie Mac.
  • FICO shares opened at $934.39 after closing at $1,118.93 previously.
  • VantageScore 4.0 represented more than 9% of GSE securitizations by late August.
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