Elena Nikulina

Bill Pulte: Decision on possible LLPA changes expected before year end

Bill Pulte: Decision on possible LLPA changes expected before year end
LLPA decision anticipated before year end

Bill Pulte said that a decision regarding any potential changes to loan-level price adjustments (LLPAs) is anticipated before the end of the year.

Pulte added that the ongoing review of LLPAs continues, and further updates should be expected soon.

Pulte previously highlighted support from the Community Home Lenders for Fannie Mae and Freddie Mac to publicly disclose mortgage credit score numbers in a recent post. He has also questioned whether credit bureaus have raised report prices by 400 percent and shifted a significant portion of jobs offshore, including at Experian, as noted in an earlier article. These comments come as the mortgage sector faces continued regulatory attention.

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