Key facts
- CHLA supports FHFA Director Bill Pulte's plan for Fannie Mae and Freddie Mac to disclose their credit scores.
- The trade group believes public disclosure of credit performance data will improve mortgage market transparency.
- CHLA commended Pulte for requiring GSE credit scores alongside FICO or VantageScore for conventional mortgages and MBS.
- The group expects these reforms to increase competition and curb rising credit score costs.
- CHLA has advocated for expanding the number of mortgage credit score suppliers since May 2025.
The Community Home Lenders of America (CHLA) has publicly backed Federal Housing Finance Agency (FHFA) Director Bill Pulte's recent decision to require Fannie Mae and Freddie Mac to disclose their proprietary credit score numbers for mortgages and mortgage-backed securities. In a letter sent to Pulte on Tuesday, the trade group stated that making additional credit performance data available would enhance transparency in the mortgage market, enabling investors to better assess prepayment speeds and the credit quality of underlying loans.