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
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!
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!
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
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
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…
Funding Alert: for affordable housing providers in the mid-Atlantic
Grants & Technical Assistance for affordable housing providers in the mid-Atlantic interested in Implementing rent reporting! Apply by 8/20/21 LEARN MORE With generous support from the TD Charitable Foundation, CBA is offering funding and Technical Assistance to housing providers seeking…
Resident Link
Resident-Link, offered by Fraud Protection Network, gives multifamily residents the opportunity to improve their credit standing simply by paying rent on time, with the added security of knowing their identity is being protected. Resident-Link serves as a third-party provider and…
CreditBoost
CreditBoost is set up so that renters can choose to report past or current payments and Avail will automatically report on-time rent payments to TransUnion. All the initial steps are taken by the renter. Landlords must opt-in to accept payments…
Avail
Avail is a platform that enables landlords to advertise rental units, screen tenants, request background, credit, and eviction checks, create and sign lease agreements, and collect rent — all online. The platform has rent reporting capabilities. website icon Website: https://www.avail.co/tenants/report-my-rent…