House Reintroduces Bill to End ‘FICO Monopoly’ at Fannie Mae and Freddie Mac
HousingWire, Feb. 8, 2017–Brena Swanson
This week Reps. Ed Royce, R-Calif., Kyrsten Sinema, D-Az., and Terri Sewell, D-Al., introduced H.R. 898, the Credit Score Competition Act, which enables the GSEs to consider alternative credit scoring models when making mortgage purchasing decisions.
