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Wednesday, 08/11/2021 6:47:38 PM

Wednesday, August 11, 2021 6:47:38 PM

Post# of 797131
"The changes to Fannie Mae's underwriting system, which are scheduled to go into effect Sept. 18, will allow it to automatically identify rent payments from applicants' bank-account information.

Twelve months of consistent rent payments could help applicants qualify for mortgages, but a history of missed or inconsistent payments wouldn't penalize an applicant, Fannie Mae said."

https://www.wsj.com/amp/articles/fannie-mae-aims-to-make-home-loans-more-accessible-11628686801