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TransUnion Shares Fall 9% After Mortgage Credit Scoring Competition Order

TransUnion logoTransUnion
Sig2.22Sen-6.05Env0.00Soc0.00Gov0.00

TransUnion shares dropped 9.0% to $77.31 after Bill Pulte directed Fannie Mae and Freddie Mac to break FICO’s mortgage scoring monopoly and allow VantageScore, a competing model jointly owned by TransUnion, Equifax and Experian. The move may reshape lenders’ scoring choices, driving investor uncertainty about TransUnion’s pricing and revenue.

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