Jerome Powell, fed and Congress” Pulte
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Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, expanding access to homeownership beyond traditional credit.
Office of Management and Budget has a new official leading and coordinating the U.S. government’s federal statistical system. OMB Director Russell Vought on Thur
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for borrower applications.
The head of the Federal Housing Finance Agency claimed the Fed chair lied in his characterization of upgrades at the central bank's headquarters.
On June 25, Federal Housing Finance Agency Director William J. Pulte ordered Fannie Mae and Freddie Mac – the two government-sponsored enterprises that help keep mortgage dollars flowing in the housing market – to include cryptocurrencies in their risk evaluations for single-family mortgage loans.
Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan approval.
Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO score is also a publicly traded stock: Fair Isaac ( FICO -12.90%). I'm seeing a lot of hands up right now, from investors who own Fair Isaac stock today -- and kind of wish they didn't.
Allowing crypto to be counted as an asset to qualify for a mortgage could open doors for buyers, but sources say they're concerned about high volatility.
Bill Pulte, the director of the Federal Housing Finance Agency, is escalating his conflict with Federal Reserve Chair Jerome Powell, urging Congress t
Cryptocurrency is increasingly moving into the real world with even the US Federal Housing Finance Agency considering crypto in deciding whether someone has enough assets to qualify for a home loan.