FICO (FICO) said to be questioned by Congress's Hawley for mortgage credit scoring

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FICO (FICO) said to be questioned by Congress's Hawley for mortgage credit scoring

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Context

FICO's questioning by Congress could indicate increased scrutiny on its mortgage credit scoring practices, which may affect its reputation and operational frameworks. This scrutiny could signal potential regulatory changes or challenges ahead, impacting the company’s stock performance and possibly influencing how equities in the sector respond to similar regulatory pressures.

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