New credit score model to be accepted by the wider market. Federal Housing Finance Agency (FHFA) Director Bill Pulte has directed Freddie Mac and Fannie Mae to accept VantageScore 4.0 credit scores. Director…
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DOJ Announces Amazon Settlement of Alleged Fair Credit Reporting Violations
DOJ official said, “Consumers whose identities have been stolen should not face unnecessary red tape when they investigate how their identities were misused and seek to clear their…
Read MoreCFPB Finalizes Rule Barring Medical Debt from Credit Reports
The bureau restored a provision of the 1970 Fair Credit Reporting Act. The Consumer Financial Protection Bureau (CFPB) issued a final rule to block credit reports from including…
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