CUNA Comment on FHFA’s Proposal on the Validation and Approval of Credit-Score Models

CUNA Comment on FHFA’s Proposal on the Validation and Approval of Credit-Score Models

Today, CUNA filed its comments with the Federal Housing Finance Agency on its proposed parameters for the Enterprises Validation and Approval of Credit Score Models. The proposal is in direct response to language in S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, designed to increase credit score competition in the mortgage market. 

Read the letter here. Please contact Mitria Wilson for any questions.