US credit-reporting firms fall after report FHFA may ease mortgage data rule

TransUnion

02/10/2026 10:33

** Shares of US credit-reporting firms slip premarket
** The US Federal Housing Finance Agency is planning to ease mortgage credit-data requirements for Fannie Mae FNMA.PK and Freddie Mac FMCC.PK, Bloomberg News reports
** Fannie Mae and Freddie Mac are mortgage-finance firms that help fund the US housing market
** FHFA is moving toward a framework that would require lenders to use credit data from two bureaus instead of three for mortgages sold to Fannie Mae and Freddie Mac, report says
** Credit-scoring co Fair Isaac FICO.N down 6.6%, credit-reporting bureau TransUnion TRU.N down 2.4%, consumer credit reporting agency Equifax EFX.N down 3.4% 
** FHFA director Bill Pulte could unveil the change as early as October 12, Bloomberg reports
** Earlier this week, Pulte reiterated his claim that FICO was keeping consumer costs unnecessarily high and later signaled support for reducing mortgage credit-report requirements
** As of last close, FICO, TRU and EFX shares were down 60.9%, 27.5% and 35.6%, respectively, YTD

 (Reporting by Darshan Kumar in Bengaluru)
 ((darshan.kumar@thomsonreuters.com))