Mel Watt: Whether GSEs Should Use Alternative Credit Scoring Models is ‘Tough Decision’

Mortgage Orb, Oct. 25, 2017–Patrick Barnard
The GSEs have been exploring the use of alternative credit scoring models as a means to give more self-employed or “credit invisible” consumers access to mortgage loans. This can include consumers who have income from nontraditional sources or who hold significant assets but are not traditional W-2 wage earners.