MBA President and CEO Bob Broeksmit, CMB, says it’s time for competition for credit scores and reports.
Tag: Tri-merge
To the Point With Bob: Why Moving to a Single-file Credit Report Framework Is a Win for Consumers and Lenders
The tri-merge credit reporting requirement has become a license for price gouging and ripping off consumers. MBA and its members have had enough, writes MBA President and CEO Bob Broeksmit, CMB.
MBA Leads Joint Trades Letter Offering Actions to Lower Costs for Mortgage Borrowers
MBA, America’s Credit Unions and the Independent Community Bankers of America sent a letter Jan. 21 to the White House’s National Economic Council urging the consideration of three near-term administration actions that could directly lower costs for borrowers seeking home mortgages.