Credit expert warns borrowers about the 'American drain' as new mortgage scoring models take effect

For millions of "invisible" Americans who have paid rent on time for years but lacked a traditional credit score, the door to the American Dream just swung wide open — but one expert warns not to trip on the threshold. Following a landmark announcement from HUD and the FHFA to accept VantageScore 4.0 and FICO Score 10T...