Category: Blog

New Scoring Models will be a Boost for Rent Reporting Feedback Requested Fannie Mae and Freddie Mac’s Implementation of FICO 10T and VantageScore 4.0 is a Boost for Rent Reporting: A Call to Provide Stakeholder Feedback Currently, while rental payment…

CBA’s Evidence of the Demonstrated Benefits of Rent Reporting Credit Builders Alliance (CBA) has been actively involved in rent reporting as a credit building strategy since 2012. During that time, CBA has led over 50 affordable housing providers through the…

The DCHA Rent Reporting Story & Film Release! “When Joseph explained to us the benefits of reporting your rent to the credit bureaus, and how your score can go up, it was a no…

New VantageScore Study Reinforces the Benefits of Rent Reporting for Thin File & Credit Invisible Renters Did you know that there are 44 million renter households in America, but less than 5% of those households have their rents reported to…

Freddie Mac Incentivizes Housing Developers to Offer Rent Reporting CBA’s Annual Symposium last month was just in time for an exciting announcement: Freddie Mac will now incentivize owner/operators of multifamily properties to report rental payments to the three major credit…

Mitigating the Potential Risks of Rent Reporting When talking about rent reporting, we often get asked, what’s the hitch? In this post we break down the ways in which rent reporting could potentially damage a renters credit profile and how…

California’s rent reporting implementation deadline is fast approaching! SB1157 is a first in the nation legislation that requires California landlords who receive local, state or federal housing subsidies to offer their residents the option of having their rental payments reported…

Rent Reporting & CBA’s TA Center in the News! We’re stoked that CBA’s new Rent Reporting Technical Assistance has been getting media attention at local and national levels! Credit building may not be top of mind for everyone yet, but…

Fannie Mae Embraces the Predictive Power of Rental Payment History Realizing the predictive power of rental payment history, as of September 18, 2021, Fannie Mae will incorporate consumer rent payments within its automated underwriting system, Desktop Underwriter®. One of the…

Colorado Passes a Rent Reporting Pilot Bill On June 29th, Colorado Governor Polis signed HB 1134 into law, creating the first statewide rent reporting pilot that aims to facilitate rent reporting in affordable and market housing of all sizes. Over…