Many Americans, discouraged by traditional creditworthiness assessment tools, are giving up on their homeownership dreams, according to a new report from FormFree.
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Residents More Likely to Pay On-Time if Payments Are Reported
“Our residents deserve opportunities to build their credit from on-time rent payments that give them access to more financial services such as favorable interest rates on auto loans,” said Matt DeGraw, President, Bridge Property Management.
Read More »Bringing Credit Invisibles Into the Light
Michele M. Evans of Fannie Mae discusses the GSE’s new Positive Rent Payment Reporting pilot program and how renters on the path to homeownership can build their credit history and improve their credit score.
Read More »Trigger Leads Are Hurting Borrowers
The National Association of Mortgage Brokers (NAMB) wrote to Congress on Wednesday seeking a ban on the sale of trigger leads for mortgages through the PROTECT Act of ...
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