FANNIE MAE TO INCLUDE RENT PAYMENTS IN RISK ASSESSMENTS IN THEIR NEW PROGRAM

Fannie Mae on Tuesday launched a pilot program to help borrowers in many areas build their credit reports and improve their credit scores.

It starts in September. Starting on the 27th, eligible multifamily landlords will be able to share rent payment data from the landlord’s credit profile with TransUnion, Equifax, and Experian through a network of providers.

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