MBA, FHFA explore single credit report for mortgages

credit report, Federal Housing Finance Agency, Government Lending, GSE Reform, GSEs, HWmember, LendingLife, Mortgage, Mortgage Bankers Association /

While the Federal Housing Finance Agency (FHFA) under President Joe Biden proposed a transition from a tri-merge to a bi-merge credit report system, the Mortgage Bankers Association (MBA) is now assessing the feasibility of moving to a single credit report for mortgage underwriting. Bob Broeksmit, president and CEO of the MBA, wrote in a blog […]

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