Scotsman Guide – Mortgage industry concerns on FICO score prices echoed by Congress
With credit score prices anticipated to rise, legislators join lending industry in speaking up
CHLA in the News
National Mortgage News – FICO predicted to hike costs for mortgage credit scores by up to 50%
“We’re astounded, but unfortunately, not surprised that Fair Isaac Corp. is continuing to use its raw monopoly power to extract more money from the pockets… Read More »National Mortgage News – FICO predicted to hike costs for mortgage credit scores by up to 50%
RisMedia – Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term
The privatization of Fannie Mae and Freddie Mac has been a hot topic of debate for years—but what would it mean for the industry?
HousingWire – Severe storm fallout could destabilize the intersection of mortgage and insurance
There were already signs of instability due to extreme weather events, and the ravages of hurricanes Helene and Milton threaten to make it worse.
Scotsman Guide – A Need for Someone in Your Corner
IMBs join associations such as CHLA for another reason. The big IMBs — like the big banks — have the economies of scale to support… Read More »Scotsman Guide – A Need for Someone in Your Corner
Housingwire: IMB Summit: Mortgage execs on why the next refi wave won’t be easy
Industry leaders predict intense competition from servicers and increased regulatory pressure to include low-balance loans in the next refi surge