CHLA Provides April 2024 Update to Rapidly-Rising Credit Scoring Costs
(Washington, D.C.) – The Community Home Lenders of America (CHLA) has provided an update to its January 2024 “White Paper” on the credit-scoring industry and its pricing. At the time of the White Paper’s publication, recently announced price hikes by Fair Isaac (FICO) for 2024 had not yet worked their way into mortgage origination transactions. The April 2024 update finds that: Unsurprisingly given the above,