Housing accessibility is one of the biggest issues facing Americans today. However, lawmakers seem determined to focus on the wrong targets, exemplified by Elizabeth Warren’s new bill to prevent institutional investors from receiving federal tax breaks.
But some solutions to housing problems can be as simple as leaving a requirement in place. The Federal Housing Finance Agency’s (FHFA) requirement to use the tri-merge credit report as part of its risk assessment process would expand access with minimal interventions.
A recent report by the American Consumer Institute (ACI) highlights the consumer benefits of retaining the tri-merge credit report as part of the Enterprise’s credit risk determination process.
Leah Locke is a Policy Analyst with the American Consumer Institute, a nonprofit education and research organization. Follow Leah on X @leahmlocke.