CHLA Backs Pulte Plan for GSE Credit Score Disclosures

CHLA backs Pulte plan for GSE credit score disclosures

CHLA backed Bill Pulte’s plan for Fannie Mae and Freddie Mac to disclose their own credit scores, citing MBS transparency and costs.

Credit-Score Competition Could Expand Beyond FICO, VantageScore

The industry's emerging credit-score competition may not stop at FICO and VantageScore.The Community Home Lenders of America is pointing to Fannie Mae and Freddie Mac's decision to publicly disclose their own proprietary credit scores as a potential first step toward a market in which lenders could eventually have more scoring options competing for mortgage business.