Tag Archives: Desktop Underwriter (DU)

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.

Fannie Mae’s new index provides two measures: volume of unpaid principal balance in dollars and a loan count. The RALI sources data from Fannie Mae’s Desktop Underwriter to show both the past week’s refinance application trends and prepayment projections.

Cyndi Danko, SVP, Chief Credit Officer Single-Family at Fannie Mae, discusses how rent payment history is helping more people get a mortgage, including people of color.

New underwriting changes will allow the GSE to incorporate consistent rent payment history in evaluating credit to qualify more borrowers for mortgages.