"The MBA's concerns, which were expressed in a letter to Pulte on Dec. 12, 2025, include information from members who reported an increase in credit reporting costs for 2026. The hikes amounted to 40% to 50% on average and included dramatic price increases for the government-sponsored enterprises' mandated tri-merge credit product. The three major bureaus Equifax, Experian and TransUnion collect financial and personal data to create consumer credit files."
"But there have been talks about a shift from the long-standing tri-merge report to a bi-merge version, especially after FHFA's July 2025 approval of VantageScore 4.0. TransUnion said in November that beginning in 2026, it would charge $4 per VantageScore 4.0, compared with FICO's $10. Experian said it would offer the product free indefinitely, pledging future prices at least 50% below FICO's. And Equifax said it would charge $4.50 per score through 2027 while providing it free to FICO customers through 2026."
FHFA acknowledged receipt of an MBA letter and said it has been in communication with the credit bureaus. MBA members reported average credit reporting cost increases of 40–50% for 2026, including dramatic price increases for the GSE-mandated tri-merge credit product. Equifax, Experian and TransUnion compile consumer credit files while FICO supplies the scoring algorithm used in tri-merge reports. FHFA approval of VantageScore 4.0 spurred consideration of shifting to bi-merge reports. TransUnion plans $4 per VantageScore 4.0, Experian offered it free indefinitely, and Equifax detailed mixed pricing. MBA leadership criticized industry price increases.
Read at www.housingwire.com
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