Credit-Bureau Shares Slide After FHFA Head Posts About a Review of the Companies

Dow Jones
2025/06/28
 

By Josh Beckerman

 

Shares of Fair Isaac, Equifax and TransUnion fell after the director of the Federal Housing Finance Agency said the companies were under a review.

In a reply to a post on the social-media platform X, FHFA director Bill Pulte said "We are doing a full scale review of all credit bureaus." Pulte had previously criticized cost increases at FICO in a May 20 social-media post.

Fair Isaac fell to as low as $1,731.80 and was recently down 1%, to $1797.15. Equifax touched an intraday low of $244.51 before recovering to $252.38, down 1.3%, and TransUnion was down 2.5%, at $86.66, after falling to $84.11 earlier.

On Wednesday, Pulte ordered Fannie Mae and Freddie Mac to prepare proposals on how they would review cryptocurrency as an asset on mortgage applications.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

June 27, 2025 15:17 ET (19:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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