The Broker Action Coalition is asking its members to bring their credit report bills to the trade group’s Washington fly-in this month so DC politicians can see how much a monopoly costs.

Young generations are investing in risky endeavors, such as day trading, sports betting and prediction markets, to build wealth instead of through homeownership.

Stakeholders believe that while the new rules will reduce insurance costs, they will raise other costs, including for condo dwellers who don’t plan to buy, sell or refinance.

FHFA greenlights the use of actual cash value insurance to cover the roofs of condos; all other elements of the project will still require replacement value policies, though.

FOIA documents reveal that in 2022 Fannie and Freddie business assessments determined that a single-bureau credit report would be inferior to either a tri-merge or a bi-merge.

In March, “trigger leads” will come to an end, prompting lenders to come up with new solutions for lead generation.

The trade group representing credit reporting agencies said MBA’s proposal to move to a single-bureau report is more about lowering costs for lenders than saving money for consumers.

The trade group representing Equifax, Experian and TransUnion says they're not the source of rising credit score costs; FICO is.

With the administration considering ways to address affordability, industry trade groups suggested adjusting policies at the GSEs. There’s also debate between MBA and CHLA on credit scoring practices.

The trade group argues that a likely shift to a single-bureau credit pull may not actually lower rates and could add risk to the system.