Consumer group say FHFA’s plan to pit VantageScore 4.0 against older FICO Classic score will make “anti-competitive natures of the credit scoring market even worse.”
Source: Inman News
Mortgage bankers take a stand against tri-merge credit reporting
Published in bi-merge, Bi-merge reporting, Bill Pulte, Bob Broeksmit, CDIA, Chi Chi Wu, Community Home Lenders of America, Consumer Data Industry Association, credit bureaus, credit report, Credit Score Algorithms, dan smith, Equifax, experian, Fair Isaac, fannie mae, Federal Housing Finance Agency, FHFA, FICO Classic, FICO Classic Score, FICO score, FICO Score 10 T, freddie mac, Loan Level Pricing Adjustments, mba, Mortgage, mortgage bankers association, mortgage credit, mortgage-backed securities, National Consumer Law Center, NCLC, Regulations, Select, TransUnion, trended credit data, tri-merge, Tri-merge reporting, trump, vantagescore and VantageScore 4.0
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