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U.S. Reps announce FHLBNY accepts VantageScore 4.0 credit scores, including rent payment data, to boost homeownership opportunities for diverse applicants.
U.S.
Representatives Ritchie Torres and Gregory Meeks announced that the Federal Home Loan Bank of New York will now accept VantageScore 4.0 credit scores for mortgage collateral, which includes rental payment data.
This change aims to increase homeownership opportunities for diverse and underserved applicants, helping to reduce the racial homeownership gap.
The FHLBNY has allocated $135 million for programs to support affordable housing and enhance financial inclusion in 2024.
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Los representantes de EE.UU. anuncian que FHLBNY acepta puntajes de crédito VantageScore 4.0, incluyendo datos de pago de alquiler, para aumentar las oportunidades de propiedad de viviendas para diversos solicitantes.