UltraFICO’s concept seems very familiar

(Editor’s note: I am not a financial advisor. Any information presented in this article should not be taken as financial advice. Always consult with a financial advisor on decisions regarding your finances.)

Back in the early 2000s, interest rates were incredibly low after the dot-com crash which was spurred on by excessive [investor] speculation in the tech industry causing a recession. Prior to the crash, the Federal National Mortgage Association also known as Fannie Mae was leading the charge to make homeownership more accessible to people with low credit…