Announcement: Freddie Mac and FormFree now offer positive rent payment history analysis Learn more

FormFree applauds Fannie Mae’s positive rent payment history initiative (PR Newswire)

FormFree® Founder and CEO Brent Chandler today released a statement commending Fannie Mae’s efforts to remove barriers to homeownership by adding a positive rent payment history feature to Desktop Underwriter® (DU®).

The feature, which went into effect September 18, is designed to expand sustainable homeownership — particularly for renters with limited credit history. The feature is anticipated to benefit prospective homebuyers and mortgage lenders alike by increasing the number of applicants who receive an Approve/Eligible recommendation in DU.

Read the full story in PR Newswire.

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