HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting
The House version softens a controversial provision aimed at large institutional investors
An amended House version of the ROAD to Housing Act removes a controversial build-to-rent selloff mandate while preserving broader supply and affordability measures
New GSE updates allow immediate use of VantageScore 4.0 and signal shift toward multi-score underwriting environment
Calls for greater competition in credit scoring as price increases draw scrutiny
Findings show improved pre-screening could boost efficiency and first-time buyer access amid rising tri-merge costs and pricing shifts
Lenders face rising tri-merge costs, but FICO says bureau markups — not its base pricing — are driving the increase
Tighter project-review and reserve requirements drew praise for improving condo standards, yet some lenders warned the changes could raise costs
If enacted, legislation will mark major turning point in how borrower data is treated in the mortgage process
Bill applauded as ‘another important step forward’ that would curb 'abusive' trigger leads