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FICO Fair Isaac News Story

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FICO climbs after Pulte says reviewing potential deal with credit scoring giant

** Shares of credit scoring giant Fair Isaac Corp FICO.N, widely known as FICO, climb as much as 3.9%

** Stock last up 1.3% at $1,762.4

** In a post on social media platform X, Bill Pulte, director of the Federal Housing Finance Agency, says: "currently reviewing a potential deal with FICO on implementing their new credit score, FICO 10T"

 ** "This would be great for consumers and the safety of the mortgage market, to have both FICO 10T Score and Vantage Score 4.0," Pulte adds

** VantageScore 4.0 and FICO 10T take into account additional sources of data, including rent payment history, which according to the FHFA has potential to "accurately" score many more Americans

** 16 of 22 brokerages rate the stock "buy" or higher, five "hold" and one "sell"; median PT $2,005 — data compiled by LSEG

** As of last close, FICO stock down 12.6% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))

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