Americans will be able to leverage their rent payments to qualify for a mortgage under a new order from Federal Housing Finance Agency Director Bill Pulte. Pulte, who heads the primary U.S. housing regulator that oversees Fannie Mae and Freddie Mac, posted on X on Tuesday that "credit history will no longer just include credit cards and loans." In recent weeks, the housing regulator has been slowly expanding ways that Americans will be able to qualify for a mortgage, even directing Fannie Mae and Freddie Mac last month to consider cryptocurrency as an asset for single-family mortgage loan risk...

3 weeks ago

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