Real Estate Market Report

Mortgage Tectonics: Fannie Mae Eliminates 620 Credit Score Rule


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Big credit-policy news is shaking up the mortgage world. In this episode of the Coldwell Banker Chesapeake Real Estate Market Report, we unpack what Fannie Mae’s removal of the long-standing 620 credit-score requirement really means for buyers, homeowners, and lenders.

Our experts explore:

✅ How this rule change could expand access to homeownership

✅ Potential effects on loan approvals and rates

✅ What buyers and sellers on the Eastern Shore should expect next



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