Urban Institute calls for rental payment history to be used in mortgage underwriting

A new report has argued that rent, utilities and telecommunications payment data should be used in mortgage underwriting to improve racial equality and help more people from minorities to become homeowners. The report by Michael Stegman, a non-resident fellow at the Urban Institute and former senior policy advisor in the Obama-era White House, and Kelly

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Freddie Mac program aims to help renters boost their credit scores

Freddie Mac says it wants to help make renters more creditworthy and it’s putting its words into action with a new program that allows their rental payments to make a difference. Under the new scheme, owners or managers of multifamily properties will be able to report on-time rental payments to credit bureaus, in a move

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