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Market Anomaly Alert: Fair Isaac Falls 26.5% as Mortgage-Scoring Competition Sharpens — September 30, 2026

Fair Isaac shares fell 26.5% on September 29, their steepest daily percentage loss since 1989, after US mortgage-market developments put VantageScore in sharper competition with FICO. The selloff reprices future risk, not an already completed displacement: both scoring models remain eligible, while lender adoption and pricing will determine the longer-term effect.

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