The Wall Street Journal published a letter to the editor Wednesday from MBA President and CEO Robert Broeksmit, CMB, on the subject of letting mortgage lenders underwrite some loans based on a single credit report.
Tag: Tri-merge
To the Point With Bob: Why It’s Time for Competition for Credit Scores and Reports
MBA President and CEO Bob Broeksmit, CMB, says it’s time for competition for credit scores and reports.
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.