Tag: rent-payment history

Fannie Mae Aims to Make Home Loans More Accessible

Happy african american young couple first time home buyers having fun unpacking laughing on moving day, excited wife riding sitting in cardboard box while black husband push it in new house apartment

Mortgage finance giant Fannie Mae is making it easier to include rent-payment history as part of the mortgage approval process, a move intended to help borrowers with limited credit histories get better access to home loans. Fannie Mae said that starting next month it will help lenders factor in borrowers’ history of rent payments when… Continue reading Fannie Mae Aims to Make Home Loans More Accessible