Our announcement today will enable competition among different credit scoring models so we can make housing more affordable and more available for prospective homeowners. It's a common sense that Allowing more credit score models to compete will equip mortgage lenders with more information. to make a very sound choice, but will also give prospective home buyers an opportunity to have more of their data considered when figuring out the terms of their loan. (06:42–06:48)
CLAIM
Asserts that competition among credit score models will provide lenders with more information.
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