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
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
While the FHFA’s plan to replace the traditional FICO Classic credit score has some interesting aspects to it, CHLA wants more data on what this… Read More »National Mortgage News – Will Two Newer Credit Scores Beat a Single Older One for Mortgages?
CHLA strongly opposes the ICE’s purchase of Black Knight, warning that the merged entity’s market power would be “exacerbated by the vulnerability of mortgage lenders”… Read More »Inside Mortgage Finance – FTC Drops Lawsuit Blocking ICE-Black Knight Merger
On a new episode of HousingWire’s Daily podcast, CHLA Vice President Matthew VanFossen talks to Editor-in-Chief Sarah Wheeler about CHLA’s consumer mortgage bill of rights… Read More »HousingWire’s Daily podcast – Vice President Matt VanFossen on CHLA’s Consumer Mortgage Bill of Rights