The plan to move to a bi-merge process allowing lenders to use two, instead of three, credit reports was announced last October by Fannie and Freddie’s federal regulator.
Source: Inman News
TransUnion knocks plan to let lenders use 2 credit reports
Published in bi-merge, credit bureaus, credit reporting, Equifax, experian, fannie mae, FHFA, fico, FICO 10T, freddie mac, Mortgage, Regulations, TransUnion, tri-merge and vantagescore
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