Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts

fnma-sel-b3-5-3-01

Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts.

This register: .xlsx .csv

Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts

Effective 2009-04-01 · publisher's stamp for this provision

B3-5.3-01, Number and Age of Accounts (04/01/2009) Introduction This topic contains information on the number and age of accounts. Number and Age of Accounts Number and Age of Accounts The lender must review the borrower’s credit report to determine whether they have an older established credit history or a newly established credit history, and whether there are a significant number of recently opened accounts or a mix of new accounts and older accounts. Credit histories that include older, established accounts generally represent lower credit risk. However, an older, established credit history that includes a significant number of recently opened accounts may indicate that the borrower is overextended, and thus will represent a higher credit risk. A newly established credit history does not automatically represent a higher credit risk, since making payments as agreed on newly opened accounts represents less of a risk than not making payments as agreed on older, established accounts.

Source: Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts · source URL · snapshot 2897f21e1e729b42

Get this regulation in your AI window

Announcements change Guide topics, but the old wording keeps circulating. An assistant will hand you the prior version and name no date at all.Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.

Open in Claude Open in ChatGPT

Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.

Next step: the FNMA AI Lender Letter playbook. Run it in your AI window →

Get notified if this rule changes

One email when Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts changes: what changed, the new verbatim text, and the effective date. Nothing else.

Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.

Source of record: https://claudeforcompliance.com/regs/fnma-sel-b3-5-3-01/ · register fnma-sel-b3-5-3-01 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.