Fannie Mae

Fannie Mae

Fannie Mae Making It Easier for African-Americans, Latinos to Get Mortgages

Fannie Mae is rolling out a series of new mortgage rules that will make it easier for African-Americans, Latinos and others to qualify for home loans. Under recently announced guidelines, starting in 2016 Fannie Mae will require mortgage lenders to take into account non-traditional credit data from potential homebuyers, such as a person’s rent payments …

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buying a home with no credit history

I Don’t Have a Credit File and Now I Want to Buy A Home. What Should I Do?

Q: I am a 44 year old man who has never had credit. The last time I financed anything was in 1991. I pay all my bills (including rent) on time. Now I want to purchase a home, but I have no credit score. What can I do and are there programs to help first …

I Don’t Have a Credit File and Now I Want to Buy A Home. What Should I Do? Read More »

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