NRHC Applauds FHFA Decision to Include Rental Payment History in Fannie Mae Underwriting

Washington, D.C. (August 26, 2021) – The National Rental Home Council (NRHC), representing America’s leading single-family rental home providers, commends the Federal Housing Finance Agency (FHFA) on its recent announcement that Fannie Mae will include rental payments as part of its credit underwriting process. The decision effectively allows an individual’s positive history of rental payments to be incorporated in future credit evaluations, providing for a more robust and accurate assessment of creditworthiness.

“NRHC is thrilled to see FHFA and Fannie Mae take this step. Ultimately, this decision is about expanding the path to homeownership, especially in underserved communities,” said David Howard, executive director of NRHC. “Rental home residents should be rewarded for a positive history of rent payments when being evaluated for a mortgage. That’s why many leading singlefamily rental home providers, in recognition of the important role rental payment history can play in enhancing an individual’s credit profile, are offering residents the option of providing this information to credit agencies. NRHC member companies offering this option to residents include: City Homes; FirstKey Homes; Great Jones; Progress Residential; Quinn Residences; The Promise Homes Company; Transcendent Electra; Tricon Residential; and Streetlane Homes.”


About NRHC

The National Rental Home Council (NRHC) is the nonprofit trade association representing the singlefamily rental home industry. NRHC members provide families and individuals with access to highquality, single-family rental homes that contribute to the vitality and vibrancy of neighborhoods and communities. For more information on NRHC or the single-family rental home industry visit

Contact: David Howard,