FHFA Director Sandra Thompson recently announced the implementation of public listening sessions in response to concerns over the tri-merge to bi-merge credit scoring transition.
CHLA applauds FHFA Director Sandra Thompson on announcing public listening sessions to ensure a smooth transition to the bi-merge credit scoring models, FICO 10T and… Read More »HousingWire – FHFA Delays Bi-Merge Credit Transition Following Industry Concerns
CHLA Commends FHFA Announcement of the Next Phase of Public Engagement Process for Updated Credit Score Requirements (Washington, DC) CHLA Executive Director Scott Olson released… Read More »CHLA Commends FHFA Announcement of the Next Phase of Public Engagement Process for Updated Credit Score Requirements
Our president, Taylor Stork, talks about the 6 lessons we’ve learned over the past year. The first lesson? The need for a national trade group… Read More »National Mortgage News: Opinion: 6 Lessons Learned After the Merger of Small IMB Trade Groups
More broadly, CHLA is supportive of FHFA’s efforts to rationalize GSE pricing. The group favors the agency’s plan to reduce prices for underserved, minority and… Read More »Inside Mortgage Finance – Market Split on GSE Pricing Scheme
To mitigate concerns associated with the move to the two new credit score models, CHLA asks that the new scores be added one at time,… Read More »National Mortgage News – Why Fewer Credit Reports Could Mean More Complexity for Mortgages