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Podcast: Lykken on Lending
Episode: The Tri-Merge Credit Crisis: Why Costs Are Exploding and What Lenders Must Know - Legislative Update by Alice Alvey
Description: This podcast segment breaks down the complex reasons behind the 30–40% surge in tri-merge credit report costs, examining regulatory mandates, FICO licensing fees, bureau markups, and the challenges of creating true competition without compromising fair lending or investor confidence.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Int...