Utilities, telecommunications and rent payment data ought to be used in mortgage underwriting, especially since federal regulators say they are focused on improving racial equity and may update their ...

The share of consumers whose rent payments are reported to credit bureaus rose to 13% in 2025, up from 11% in 2024, according to a new survey by TransUnion, one of the three major bureaus. "It's a ...

On-time rental payments will now factor in to Fannie Mae underwriting calculations, and missed rental payments won’t keep borrowers from getting a mortgage. The Federal Housing Finance Agency today ...

Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan approval. Fannie Mae and Freddie Mac will now use multiple methods to assess ...

Your credit score is a big factor in whether you qualify for a home loan, and that score is based on your credit history, as reported by Equifax, TransUnion, and Experian. Using these reports, lenders ...

Thirty-five percent of U.S. households rent, according to the Harvard Joint Center for Housing. Perhaps not surprisingly, renting an apartment versus purchasing a home is often more viable for ...

Last week, Fannie Mae announced that in September it would begin allowing lenders to take rent payment history into account when underwriting mortgages for first-time homebuyers. This is a critical ...

Payment history is the most prominent factor in your credit score, making up 35% and 40% of FICO and VantageScore calculations, respectively. You can build that history by making regular, on-time ...