Topic: Fhfa

1 chapters across the catalog

The FHFA's new policy allowing rent payments to qualify for mortgages is discussed as a potential benefit for homebuyers. However, both Schroer and Elliott criticize the FICO credit score system for being rigged to promote debt. They argue that the system penalizes those who pay off their bills and live debt-free, while encouraging "buy now, pay later" schemes for trivial purchases like food delivery.