FICO Applauds FHFA Inclusion of Rental Data in Underwriting
Fico Collections
AUGUST 16, 2021
Allowing consumers to demonstrate their regular rent payments will provide a proven indicator of positive financial behavior and will be a useful complement to the FICO ® Score in mortgage lending. Categories. But a great number of these consumers have payment histories – cell phone, utility and rent payments, etc. Scoring Solutions.
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