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The company has linked tradeline information to lien data in ways designed to help mortgage portfolio managers keep pace with property values as they change.
January 10 -
Some proposed changes to uniform mortgage-backed securities, apartment loans and derivatives will be made while one involving credit reports and scores was pulled.
November 21 -
The program helped more than 23,000 consumers establish credit scores in its first year through partnerships with three fintechs, all of which were chosen to renew their participation.
November 14 -
Rather than adding the option of using two rather than three prior to score updates, the company suggested the former functionality be added after or scrapped.
November 3 -
An analysis of previously released S&P data suggests the Federal Housing Finance Agency's initiative would have mixed impacts on the price of loans and eligibility that vary by individual.
October 16 -
The Federal Housing Finance Agency also is offering more opportunities for public dialogue as stakeholders debate how fast the process should move forward.
September 11 -
The Federal Housing Finance Agency is adding advanced models that include rental payment histories and trended data, but others tap cell phone or consumer-permissioned bank data.
August 17 -
Removing such debt information from consumer reports generated an uptick in home loan inquiries in one study and other industries have found advanced score use pays off.
August 16 -
Industry executives coming off a tough year are wondering what the transition will cost and how many borrowers it'll bring in.
August 15 -
This first step in updating borrower assessments was seen as the easiest and could reduce costs, but stakeholders fear change that reduces data inputs.
August 14