HousingWire Daily Taylor Stork on the risks of the single-file credit proposal
Feb 11, 2026
Taylor Stork, COO of Developer's Mortgage Company and president of the Community Home Lenders of America, explains the debate over moving to a single-bureau credit report. He highlights risks of data loss, pricing shifts and who stands to benefit. The conversation covers trade-offs between cost, borrower protection and inclusion, plus what to expect for credit policy in 2026.
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Single-Bureau Model Risks Hidden Data
- Moving to a single-bureau credit model risks omitting key borrower data that different bureaus capture.
- Taylor Stork warns this could reintroduce unknown lending risk and weaken ability-to-repay checks.
Price Hikes Traced To Policy Signals
- Stork links recent FICO pricing shifts to prior FHFA guidance on buy-merge and Vantage scores.
- He says confidential sweetheart pricing and widespread fee increases sparked the current debate.
Tri-Merge Gives A Fuller Credit Picture
- Each bureau can miss trade lines, so tri-merge pulls provide a fuller picture of obligations.
- Stork emphasizes missing bureau data often changes debt-to-income and credit evaluations materially.