FHFA Seeks Comment on Credit Scoring Requirements for GSEs
The Federal Housing Finance Agency today issued a long-awaited request for input on the credit scoring models required by Fannie ...
Tag: Credit reporting
CFPB Seeks Comments on Free Access to Credit Scores
The Consumer Financial Protection Bureau is requesting information on consumers’ experience with access to free credit scores as well as ...
Third-Party Tactics: Tips for Managing the Equifax Breach
How regulators expect banks to handle the Equifax breach from a third-party risk management perspective.
FHFA’s Watt: URLA’s Language Preference Question Will Receive ECOA Safe Harbor from CFPB
Federal Housing Finance Agency Director Mel Watt today defended his agency’s decision to include a language preference question on its ...
Rep. McHenry Introduces Credit Reporting Bill in Wake of Equifax Breach
As the fallout continues from the Equifax data breach, Rep. Patrick McHenry (R-N.C.) yesterday introduced a bill making several changes ...
Equifax Discloses Massive Consumer Data Breach
Consumer credit reporting bureau Equifax today announced a major data breach affecting approximately 143 million Americans.
CFPB Exploring Use of Alternative Data for Credit Scoring
The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources -- such ...
ABA Compliance Center Inbox, November/December 2016
The creditor will need to defend its underwriting practices to “prove” that education level provides some amount of repayment predictability.
CFPB to Publish List of Companies Offering Free Credit Scores
The CFPB has announced plans to compile and publish a list of companies that offer customers access to a free ...
ABA Compliance Center Inbox, July/August 2016
ABA compliance staff experts answer questions on E-Sign, Fair Credit Reporting Act, appraisals and more.
