GREENVILLE, N.C. (WITN) - Government-backed mortgage giants Fannie Mae and Freddie Mac are now allowed to accept a different credit score that considers rent and utility payments. While FICO credit ...
The companies that buy up the majority of the country’s home loans will now accept a second credit scoring model for mortgages — a change that could help underrepresented borrowers qualify for ...
New credit scoring models rolling out across the mortgage industry could dramatically increase the number of Americans who receive a credit score — but experts warn that borrowers shouldn’t confuse a ...
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