WASHINGTON Freddie Mac said it is expanding an underwriting pilot program that uses alternative ways to assess a borrower's capacity to pay off a home loan.

Six lenders will join PNC Mortgage Corp. in making loans in the pilot project to 3,000 low-income and moderate-income borrowors.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.