Quote: June 26, 2024
“MBA has been the leading industry voice since late 2022 in calling out the lack of transparency regarding the rising costs of the tri-merge credit reports, credit scores, and other credit reporting products, especially given the unique market structure and lack of options for obtaining credit reports and credit scores.”
–Mortgage Bankers Association President & CEO Robert D. Broeksmit, CMB, discussing MBA advocacy about credit reporting costs.