Manonthestreet
Diamond Member
- May 20, 2014
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How much will it cost this time?
issuesinsights.com
Despite this historically recent example of the havoc that can be wrought by altering the standards of a $10 trillion industry, the FHFA is still weighing whether to allow an unproven scoring model owned by credit bureaus to be used in mortgages underwritten by Fannie Mae and Freddie Mac.
![issuesinsights.com](https://i0.wp.com/issuesinsights.com/wp-content/uploads/2022/05/financial-crisis-gb7c011ca3_1920.jpg?fit=1200%2C848&ssl=1)
This Is The Worst Possible Time For The FHFA To Mess With Lending Standards
It is astonishing that the lessons of the ’08 crash have seemingly been so easily forgotten.
![issuesinsights.com](https://i0.wp.com/issuesinsights.com/wp-content/uploads/2019/03/screen-shot-2019-03-26-at-10.44.04-am.png?fit=32%2C32&ssl=1)