Credit bureau TransUnion is pushing back against the idea of replacing the current tri-merge mortgage credit model with a single credit pull, arguing that the shift would increase systemic risk and restrict access to credit.

The conclusion comes from a TransUnion study released during the Mortgage Bankers Association (MBA)’s Annual Convention and Expo, as the trade group has expressed interest in testing the concept. In June, MBA president and CEO Bob Broeksmit said the association was assessing the feasibility of using a single credit report for mortgage underwriting.

Proponents of the idea argue that a single report could simplify the details ⇒

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