Fannie and Freddie Allow Credit Scores Based on Rent and Utilities Payments

Fannie and Freddie Allow Credit Scores Based on Rent and Utilities Payments

Prospective homebuyers with a history of on-time payments for rent and utilities may soon find it easier to qualify for a mortgage, thanks to changes at Fannie Mae and Freddie Mac. U.S. Federal Housing Finance Agency Director William Pulte, who is also the chairman of federally controlled Fannie and Freddie, announced the move at a
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