A sign advertises mortgage rates for new homes in a gated community in Fontana, Calif., on Sept. 17, 2025. Mario Tama/Getty Images
The Federal Housing Administration (FHA) has joined with Fannie Mae and Freddie Mac to implement new mortgage credit scoring models, aimed at making homebuying more affordable for Americans, the Department of Housing and Urban Development (HUD) said in an April 22 statement.
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