EPISODE · Nov 2, 2022 · 9 MIN
A *NEW* Credit Scoring Model for Mortgages! Could Help Over 10 Million People!
from Credit Coaching by Kristi · host Kristi Nowrouzi
If you are working towards a great credit score to obtain financing for a home or intend on ever getting a mortgage, purchase or refinance, listen up! the Federal Housing Finance Agency has just accepted 2 new scoring models- the first change in 20 years!! It is a BIG deal! Listen in to the details. They are saying this could help over 10 million people that currently don't have a credit score due to lack of credit tradelines reporting and how things such as medical debt is reported. Incredible news that can change the lives of millions of people! [email protected] Here is the link to details from the report I had read: https://www.fhfa.gov/Media/PublicAffairs/Documents/CS-Fact-Sheet-2022.pdf
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A *NEW* Credit Scoring Model for Mortgages! Could Help Over 10 Million People!
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