FICO announces layoffs, management restructuring
FICO announced layoffs and management restructuring amid competition from VantageScore 4.0, which is being adopted by lenders like Rocket Mortgage and UWM. FHFA allows Fannie Mae and Freddie Mac lenders to use either FICO or VantageScore. FICO's Q3 2026 net income was $237.2M, with total revenues of $674.2M, driven by mortgage demand for its scores.


