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Comprised of VA loans, the pool offers proof of concept for changes to be required by the FHFA by late 2025.
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
Costs could go up as much as 400% in some cases, according to NCRA.
NCRA says a 'vast majority' of mortgage lenders will incur price increases ranging from 10% to 400%.
More than 70% of U.S. respondents are willing to open a bank account via app or website.
