Linkage: Artificially High Credit Scores
This is a special edition of Originations Linkfest to collect some stories about issues in the credit score industry. I’ll be writing a story on this shortly.
Stories I Recommend Today
- Consumer protection agency pushing credit bureaus to change credit scores(cnbc.com)
- Credit reporting change could raise scores, and lender risk(mortgagenewsdaily.com)
- Two major credit reporting agencies have been lying to consumers(theatlantic.com)
- 4 reasons to avoid a 30-year fixed. Despite BS headline, some ok notes in here(fool.com)
- What are the fees to get a reverse mortgage? (nerdwallet.com)
- Will trended credit data result in more mortgage approvals?(inman.com)
- CFPB fines Experian $3m for lying about consumers' credit scores(housingwire.com)