Experian is imposing another price increase on credit reports sold to mortgage lenders — an unusual move at this time of year, according to resellers who spoke with HousingWire.
“I have never seen a price increase after a price increase in January,” said one reseller executive, who requested anonymity to avoid potential retaliation. “It comes out to about 3% [of a tri-merge credit report of about $90]— roughly $3 per borrower.”
“We recently received a pricing increase from one of our data partners,” Shelley Leonard, president of Xactus, said in a statement while declining to provide further information. details ⇒
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