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> The fact that there are now housing lenders who use projected AirBNB revenues in determining creditworthiness is worrying. Do you have a source for this?
by dsacco 9y ago
> The fact that there are now housing lenders who use projected AirBNB revenues in determining creditworthiness is worrying.
Do you have a source for this?
- bobthepanda 9y agoA startup doing this: https://www.nytimes.com/2017/09/18/your-money/mortgages/loftium-airbnb-down-payment.html https://www.nytimes.com/2017/09/18/your-money/mortgages/loft... And now apparently Fannie Mae is moving into this space: https://www.wsj.com/articles/gig-economy-grows-up-as-lenders-allow-airbnb-income-on-mortgage-applications-1518094800 https://www.wsj.com/articles/gig-economy-grows-up-as-lenders...
- kdot 9y agoThe irony. https://www.prnewswire.com/news-releases/quicken-loans-americas-largest-mortgage-lender-partners-with-airbnb-to-provide-new-home-financing-option-300595795.html https://www.prnewswire.com/news-releases/quicken-loans-ameri...