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Home » Store » News » Credit Report Mistakes Could Cost Lenders and Borrowers

Credit Report Mistakes Could Cost Lenders and Borrowers

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Are mistakes on credit reports exposing mortgage lenders to risks they may not be aware of? A new study suggests that they are, and that automated underwriting systems that rely on credit reports may need closer supervision by government agencies. The study, authored by the Consumer Federation of America and the National Credit Reporting Association, a trade group that represents companies that resell credit products, analyzed the
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