Fannie Mae unexpectedly, indefinitely delays use of trended credit score data

With just a handful of days left until Fannie Mae was set to release a heralded update to its Desktop Underwriter program that could have opened up the credit box to potential borrowers previously deemed unworthy, the government-sponsored enterprise is unexpectedly delaying the implementation of Desktop Underwriter Version 10.0. The reasons why are vague, at best. …read more

From:: Real Estate Wire