“Mortgage lending is about risk—understanding it, managing it, and pricing it appropriately. Tri-merge credit reporting gives lenders the best tools to do just that. It ensures that consumers are evaluated based on the fullest, most accurate picture possible, and it protects the broader housing market from the consequences of bad underwriting decisions,” Dan Smith, President and CEO states in recent op-ed on preserving the tri-merge credit reporting system.
You can view the op-ed here.
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