FHFA Plan Advances

The most likely path is that FHFA continues implementing equal mortgage pricing for VantageScore while Fannie Mae and Freddie Mac prepare operational guidance. The market keeps repricing Fair Isaac's mortgage-score franchise lower, but the move remains an industry-specific event rather than a broad macro shock.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.