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Fannie Mae Drops Credit Score Rule for DU Loans

Business, credit score, Fannie Mae, FHFA, FICO, home loans, mortgage access, mortgage policy, nontraditional credit /

Written By Lexx Thornton Fannie Mae announced a major policy change, effective November 16, 2025, that removes the mandatory minimum credit score for loans submitted through its automated system, Desktop Underwriter (DU). The current 620 minimum representative credit score for loans processed by DU will be eliminated. Instead of relying on a floor score, DU […]

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This New Move By Biden Will Have Black Folks’ Credit Scores Looking a Lot Better

business finance, consumer financial protection bureau, credit, credit history, credit score, credit score in the united states, credit scoring, data brokers, debt, donald trump, equifax, joe biden, kamala harris, Personal Finance, Politics, presidency of joe biden, transunion /

As Black America knows, we suffer disproportionately from medical debt. According to Bloomberg, while 11% of low-income and uninsured Americans of all races have medical debt, 13% of Black Americans struggle with medical debt compared with just 7% of White and 3% of Asian Americans. Essentially, in the U.S., it’s… Read more…

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