Lenders’ Use of Rent Data in Loan Decisions Helps Homebuyers, But Dangers Lurk

National Mortgage News, July 5, 2022–Penny Crosman (subscription)
The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help
https://www.nationalmortgagenews.com/news/lenders-use-of-rent-data-in-loan-decisions-helps-homebuyers-but-dangers-lurk