The Community Home Lenders of America (CHLA) is pushing back against proposals to allow a single-bureau credit pull in mortgage underwriting, as Federal Housing Finance Agency (FHFA) Director Bill Pulte presses for changes aimed at increasing competition in the use of credit scores.

In a white paper published Wednesday, CHLA argued that the three main credit bureaus rely on materially different datasets: Equifax has expanded its use of utility and telecom data; Experian has invested heavily in rental payment data; and TransUnion is focusing on alternative credit databases that include recurring consumer payments.

According to industry sources cited by the details ⇒

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