Tight credit is delaying the recovery of the housing market and the economy as a whole. The importance of reasonable underwriting policies is necessary to increase the availability of credit to qualified borrowers who are good credit risks.
NAR submitted comments to the Federal Housing Finance Agency on proposed membership rule changes to the Federal Home Loan Bank (FHLB) system to make sure that members maintain an ongoing commitment to homeownership.
Credit Scoring Resources
Federal Reserve Webinar: Addressing the Credit Impacts of Foreclosure
Frequently Asked Questions: FICO Score (PDF: 289 KB)