Aug. 25 at 11:17 AM
$FICO In an interview with Scotsman Guide last week, Pulte said shifting to a bi-merge model is still a possibility, but the FHFA’s main focus at the moment is expanding competition in the credit scoring landscape.
“The situation right now calls for kind of an interim step, and so we are just pausing [bi-merge] for the interim, keeping tri-merge just to make things as easy as possible for everybody,” Pulte said. https://www.scotsmanguide.com/news/mba-calls-for-end-to-fannie-and-freddies-tri-merge-credit-report-mandate/