Bloomberg Opinion

This Monopoly Is Holding Back the Mortgage Market: View


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Bloomberg View presents an editorial arguing that credit scores aren't working the way they should. If you apply for a mortgage in the U.S., chances are your credit score will be generated by an algorithm better suited to the economy of the 1990s -- part of an ossified system that could be denying millions of otherwise qualified Americans the opportunity to buy a home. This editorial aired on Bloomberg Radio.
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Bloomberg OpinionBy Bloomberg News