Credit expert warns borrowers about the 'American drain' as new mortgage scoring models take effect

Credit expert warns borrowers about the 'American drain' as new mortgage scoring models take effect

Summary

HUD and FHFA now accept VantageScore 4.0 and FICO Score 10T for mortgages. Credit expert Micah Smith says rent payments can now build scores, but warns of hidde...

Description

HUD and FHFA now accept VantageScore 4.0 and FICO Score 10T for mortgages. Credit expert Micah Smith says rent payments can now build scores, but warns of hidde...

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