Lending industry groups and FHFA director Bill Pulte welcomed Fair Isaac’s new direct license pricing as a useful first step, but said more reforms and competition are needed.
Source: Inman News
Credit bureaus slam plan to cut them out of FICO score pricing
Published in bi-merge credit reporting, Bill Pulte, Bob Broeksmit, CDIA, CHLA, Community Home Lenders of America, Consumer Data Industry Association, credit scoring algorithms, Equifax, experian, Fair Isaac, fannie mae, Federal Housing Finance Agency, FHFA, fico, FICO Classic, FICO score, FICO Score 10 T, freddie mac, mba, Mortgage, mortgage bankers association, mortgage lending, mortgage-backed securities, Regulations, Select, TransUnion, Tri-merge credit reports, VantageScore 4.0 and Will Lansing
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