On Tuesday, July 8th, the Federal Housing Finance Agency (FHFA) introduced a new policy aimed at expanding mortgage access by allowing on-time rent payments to count toward credit evaluations. FHFA Director Bill Pulte announced the update on X, explaining that mortgage lenders can now consider a borrower’s rent history when assessing their creditworthiness. The change […]
The postFHFA Policy Update Allows Rent to Be Considered in Mortgage Approvalfirst appeared onNew York Voice News.