National Mortgage News – FICO confirms price hike for 2025
Fair Isaac Corp. Confirmed Wednesday that it is indeed raising its prices going into the near year.
CHLA in the News
Scotsman Guide – Housing will be key issue during Trump’s return to White House
Affordability crisis emerged as important election issue
HousinGwire – Trump is victorious. Will mortgage rates go to 8%?
Expectations of higher government spending under Trump have driven up the 10-year Treasury yield. Mortgage rates are expected to follow.
Scotsman Guide – Freddie Mac pilot offering alternative to loan repurchases gets expanded
FHFA touts move as next step in addressing lender concerns about elevated repurchases
The Mortgage Note – Op-Ed: The Credit Scoring Cartel That’s Cornering The Mortgage Industry
Unbeknownst to many, there’s another factor significantly contributing to the housing affordability crisis in this country – it’s called the credit scoring industry.
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