Mortgage And Real Estate News

Friday, August 26, 2016

Credit Bureaus Are Making Lenders Buy Trended Data They Don t Need

Talk about jumping the gun.

Equifax and TransUnion have stopped offering traditional credit reports, replacing them with the more expensive trended credit reports that Fannie Mae plans to start using, but that other investors don't.

Read more... http://www.nationalmortgagenews.com/news/origination/credit-bureaus-are-making-lenders-buy-trended-data-they-dont-need-1085492-1.html?utm_medium=email&ET=nationalmortgage:e7472659:3925073a:&utm_source=newsletter&utm_campaign=daily%20briefing-aug%2026%202016&st=email&eid=16e805c5ca93b965a2235b123b9dc1af

Reuters: Business News

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