To piggyback on our last blog, a statement from the National Consumer Reporting Association (NCRA) sounded the alarm of sharp price increases for purchasing credit reports. The surprising fact to me is the vast discrepancies in who is charged and at what percentage the charges will increase. The NCRA stated, “the vast majority of mortgage […]
Monthly Archives: August 2023
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Last week the Community Home Lenders of America (CHLA) penned a letter to the Federal Housing Finance Agency (FHFA) stating that the pending addition of updated Credit Scores at Fannie Mae and Freddie Mac could be more manageable if done one at a time. Specifically, they stated the need to add VantageScore first. This is […]
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