Announcement: AccountChek supports Fannie Mae and Freddie Mac Cash Flow Underwriting to help consumers with low or no score. 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.

Related Articles

IndiSoft partners with FormFree to streamline the delivery of housing…

Read More

FormFree selected to HousingWire Tech100 for the ninth year

Read More

FormFree sharpens focus on decentralizing and democratizing consumer…

Read More