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The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for borrower applications.
Mark Calabria is now the Trump administration’s chief statistician, replacing Karin Orvis. The White House Office of Management and Budget has a new official leading and coordinating the U.S. government’s federal statistical system.
Experts say policy change will help Americans with 'thinner credit files' build equity and generational wealth.
On June 25, Federal Housing Finance Agency Director William J. Pulte ordered Fannie Mae and Freddie Mac – the two government-sponsored enterprises that help keep mortgage dollars flowing in the housing market – to include cryptocurrencies in their risk evaluations for single-family mortgage loans.
Due to rising costs, many people think they might not ever be able to afford a house. Bitcoin could change all that and make home ownership a reality.
The regulator of the United States' largest mortgage provider has ordered that cryptocurrencies be listed as mortgage assets.
Federal Housing Finance Agency Director Sandra Thompson testified before the House Financial Services Committee on rule changes within the agency and the mortgage fees it charges. She discussed ...
Federal Housing Finance Agency. "2021 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions." Accessed Feb. 1, 2022. Consumer Financial Protection Bureau.