Stakeholders are speculating on the next steps for bringing the new credit scores to market without complete transparency.

The trade group said a single-pull credit report is enough, if there are proper guardrails in place to prevent lenders and borrowers from “gaming the system.”

Several companies in the mortgage space are in the process of changing hands.

Bob Broeksmit, president and CEO of the Mortgage Bankers Association, believes the Basel III re-proposal would allow banks engaged in the mortgage business to further expand their operations.

The housing market is starting to see a decline in mortgage lock-in but it will take a while to reach a new equilibrium.

Community Home Lenders of America recommended a slew of policy changes to solve the home affordability crisis.

FHFA Director Bill Pulte said 21 large lenders will roll out the new score with the GSEs, though all lenders are eligible. FHA also plans to accept VantageScore and FICO 10T.

The final rule eliminating disparate impact from enforcement of the Equal Credit Opportunity Act was issued as it was proposed in November, despite more than 64,000 comments on the proposal.

The trade group called for the CFPB to implement regulatory reforms across the board so that all sizes of lenders can see lower costs and boost mortgage access.

The relatively level trajectory for interest rates presents an opportunity for more lenders to offer non-agency products, according to non-agency boosters.