NYSE:TRUProfessional Services
TransUnion Mortgage Price Cut Tests VantageScore Growth And Margin Trade Off
TransUnion cut pricing on its VantageScore 4.0 mortgage origination score, aiming to lower credit scoring costs for lenders and homebuyers.
The company is offering the score at a major discount and bundling free access alongside FICO scores.
This move positions TransUnion as the first major credit bureau to make a large cut tied directly to mortgage affordability and competition.
TransUnion (NYSE:TRU), recently trading at $69.95, is making this change at a time when its share price is down...