General World News

FHFA delays bi-merge credit transition following industry concerns

The Federal Housing Finance Agency (FHFA) on Monday announced that it will offer additional opportunities for public engagement as it considers the transition to updated credit score models and credit report requirements for loans acquired by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

The new opportunities will include stakeholder forums and listening sessions, and will allow for other issues, opportunities and challenges to be debated by stakeholders and other participants ahead of the implementation of the new requirements, the agency said. Part of what will be discussed includes details ⇒

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