Fannie Mae, Freddie Mac Now Credit Harlem To Hollywood Rent Payments

The #1 source in the world for all things Harlem. Fannie Mae and Freddie Mac began accepting mortgage loans underwritten with VantageScore 4.0 on Wednesday. A credit scoring model that incorporates rent, utility, and telecom payment histories — a change that could open the door to homeownership for millions of Americans with limited traditional credit profiles. A New Era of Credit Score Competition The Federal… The post Fannie Mae, Freddie Mac Now Credit Harlem To Hollywood Rent Payments appeared first on Harlem World Magazine.

Fannie Mae, Freddie Mac Now Credit Harlem To Hollywood Rent Payments

The #1 source in the world for all things Harlem.

Fannie Mae and Freddie Mac began accepting mortgage loans underwritten with VantageScore 4.0 on Wednesday. A credit scoring model that incorporates rent, utility, and telecom payment histories — a change that could open the door to homeownership for millions of Americans with limited traditional credit profiles. A New Era of Credit Score Competition The Federal…

The post Fannie Mae, Freddie Mac Now Credit Harlem To Hollywood Rent Payments appeared first on Harlem World Magazine.