Clifford Rossi, academic director of the Smith Enterprise Risk Consortium at the University of Maryland, pushes a merger as solution to avoid a race to the bottom.
In the debate over whether Fannie Mae and Freddie Mac should merge, the Mortgage Bankers Association (MBA) has remained consistent: “We don’t think that would be a good idea,” chief economist Mike Fratantoni said.
VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years.