Investment
Features
FeesSafety
Academy
More
Pluang+

FICO shares plunge 20% after FHFA allows competing mortgage credit score.

Market News
07 Oct 2026
PRNewsWire
View Source
Bearish
FICO shares plunge 20% after FHFA allows competing mortgage credit score.

Shares of Fair Isaac Corporation (FICO) dropped over 20% after the Federal Housing Finance Agency (FHFA) announced it would simplify mortgage pricing and potentially allow a competing credit score, VantageScore 4.0, into mortgage underwriting. This move challenges FICO's dominance in mortgage credit scoring, with Rocket Mortgage quickly adopting VantageScore as its preferred model. The sharp stock decline has prompted a securities law investigation by Levi & Korsinsky on behalf of affected investors, who may be eligible for recovery if they suffered losses. Investors are encouraged to review their losses and consider participating in the investigation.

Fair Isaac Corporation (FICO) securities investigation notice is the subject, with Pluang's Financials sector data providing market context. Of 85 priced Financials-sector US stocks on Pluang, 7 rose and 78 fell today. Notable movers include BTBT at USD 1.47 with a 1-day change of -3.62%, BCS at USD 22.83 with 0% sell and 100% buy order activity, and COIN at USD 179.18 with 89% sell and 11% buy order activity, as of Oct 07, 2026 21:02 WIB.

More News

Arthur J. Gallagher sees 6% organic growth; analysts split on price targets amid mixed outlook.

Arthur J. Gallagher sees 6% organic growth; analysts split on price targets amid mixed outlook.

Arthur J. Gallagher expects about 6% organic growth in Q3, driven by strong client retention and new business despite easing property insurance pricing. Cantor Fitzgerald lowered its price target to $280, below the $288 average from 19 analysts who m...

Analyst Insights
Bullish
1 hour ago
Zscaler's price target raised to $255 on strong AI-driven cybersecurity demand and growth outlook.

Zscaler's price target raised to $255 on strong AI-driven cybersecurity demand and growth outlook.

Needham raised Zscaler's price target to $255, citing strong demand for AI-related cybersecurity solutions. Zscaler aims to exceed $8 billion in annual recurring revenue by fiscal 2031, driven by increasing needs to protect against AI-powered cyberat...

Analyst Insights
Bullish
1 hour ago
Barclays cuts Netflix price target amid slower growth and rising content costs

Barclays cuts Netflix price target amid slower growth and rising content costs

Barclays has lowered its price target for Netflix shares from $80 to $70 due to concerns over slower revenue growth and rising content costs, especially for live programming. Despite Netflix's large subscriber base of 325 million, the company faces p...

Analyst Insights
Bearish
2 hours ago
MetLife raises price target to $111 and declares Q4 2026 dividend of $0.59 per share.

MetLife raises price target to $111 and declares Q4 2026 dividend of $0.59 per share.

Barclays has increased its price target for MetLife stock to $111 from $97, indicating potential upside as shares currently trade near $97.16. MetLife also declared a fourth-quarter 2026 dividend of $0.59 per common share, payable on December 8, 2026...

Analyst Insights
Bullish
3 hours ago
Nasdaq boosts fintech growth with AI upgrades despite analyst price target cut

Nasdaq boosts fintech growth with AI upgrades despite analyst price target cut

Nasdaq is enhancing its Calypso platform with agentic AI to improve trading and risk management, addressing manual post-trade tasks in financial services. Its Financial Technology unit saw 16% revenue growth and added numerous new clients, driven by ...

Analyst Insights
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App