$200M program targets borrowers with thin credit history 
Washington, D.C., pilot program uses new Anthem credit score
By Matt Carter, Thursday, October 4, 2007.Borrowers in the Washington, D.C., area with little or no credit history who might otherwise pay extra for a subprime loan may be eligible for more affordable, 30-year fixed-rate mortgages through a $200 million pilot program.
The "R-Home" mortgage program, funded by State Farm (Insurance) and Fannie Mae, will employ an alternative credit scoring system that uses nontraditional payment history such as rent, utility bills and child care payments to evaluate the creditworthiness of borrowers who have thin or nonexistent credit files.
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