A consumer’s most recent score is the most predictive, according to recent research.

...and more insights from ABA's Compliance Center Inbox in the May/June issue of the ABA Banking Journal.

In comments to the Consumer Financial Protection Bureau today, ABA and the Consumer Bankers Association urged the CFPB to provide more guidance to banks on acceptable communications about credit scores and how they are used.

The Federal Housing Finance Agency today issued a long-awaited request for input on the credit scoring models required by Fannie Mae and Freddie Mac.

The Consumer Financial Protection Bureau is requesting information on consumers’ experience with access to free credit scores as well as information about the experience of companies and nonprofits that offer their customers and the general public free access to their credit scores.

How regulators expect banks to handle the Equifax breach from a third-party risk management perspective.

Federal Housing Finance Agency Director Mel Watt today defended his agency’s decision to include a language preference question on its updated Uniform Residential Loan Application, and said that the CFPB intends to provide a safe harbor under the Equal Credit Opportunity Act.

As the fallout continues from the Equifax data breach, Rep. Patrick McHenry (R-N.C.) yesterday introduced a bill making several changes to federal regulation of “large consumer reporting agencies” like Equifax, Experian and TransUnion.

Consumer credit reporting bureau Equifax today announced a major data breach affecting approximately 143 million Americans.

The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources -- such as mobile phone bills and rent payments -- to help consumers establish a credit history.