Freddie Mac Tests Underwriting Software That Could Boost Mortgage Approvals
Wall Street Journal, Sept. 24, 2019–AnnaMaria Andriotis (subscription)
An effort underway at housing-finance giant Freddie Mac could increase mortgage approvals for borrowers who might otherwise be shut out of home buying. Freddie Mac has been testing underwriting software that could make mortgages more available for certain applicants including first-time home buyers and minorities.
