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FICO Stock Plunges After White House Approves VantageScore for Government-Backed Mortgages

Name: FICO Stock Plunges After White House Approves VantageScore for Government-Backed Mortgages
Uploaded: 2025-07-08T13:00:00-07:00
Channel: NBC Palm Springs
Description: FICO shares dropped more than 17% after a White House-backed policy shift allowed lenders to use VantageScore for Fannie Mae and Freddie Mac loans. The move aims to increase competition and lower closing costs for homebuyers.

By: NBC Palm Springs

July 8, 2025

FICO stock dropVantageScore mortgagesFHFA announcementcredit score changesgovernmentbacked loansBill Pultemortgage closing costsPresident Trump credit policy

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