Fannie Mae Introduces Enhancements to Help Expand Homeownership Opportunities for Underserved Borrowers
Industry Update
December 6, 2022
Source: Fannie Mae
Fannie Mae announced innovative enhancements to its automated underwriting system designed to responsibly expand eligibility and further simplify the borrowing process for loans where homebuyers do not have a credit score. These enhancements will help historically underserved borrowers access credit and further support the company’s commitment to serving renters and homeowners in an equitable and sustainable way.
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