FHFA announces changes to credit score modernization effort
FHFA announced that in response to public input, it is making changes to its planned implementation of new credit score ...
Tag: Credit scoring
Podcast: Getting the GSEs’ transition to new credit scores right
The multiyear effort to change the credit scoring models required by Fannie Mae and Freddie Mac continues to move forward, ...
ABA, associations seek data behind FHFA credit score modernization effort
The Federal Housing Finance Agency should make public the analyses behind its final rule to replace the FICO credit score ...
FHFA to expand public engagement on proposed credit score modernization effort
FHFA announced additional opportunities for public engagement on its plans to update the credit score process for loans acquired by ...
FHFA weighing changes to rollout for new credit score models
The Federal Housing Finance Agency on Monday responded to recent industry communications expressing concerns about implementation timeframes for credit score ...
ABA, trade groups weigh in on FHFA’s proposed credit score modernization effort
Under the proposal, Fannie Mae and Freddie Mac would replace the current FICO credit score model with the FICO 10T ...
Thompson: Updated pricing framework doesn’t penalize borrowers with higher credit scores
Thompson emphasized that “under the new pricing framework, borrowers with strong credit profiles are not being penalized to benefit borrowers ...
FHFA seeks input on rollout of new credit score models
With the Federal Housing Finance Agency working to replace the classic FICO credit score model with the FICO 10T and ...
CFPB issues guidance on removing false data from credit reports
The Consumer Financial Protection Bureau today issued guidance to consumer reporting companies about their legal obligation to screen for and ...
ABA opposes overdraft bill, calls credit report bill flawed
The American Bankers Association is asking House Financial Service Committee members to oppose two bills that would rewrite federal rules ...
