<prompt> Human: Why this is important:With the recent Equifax breach, plenty of people have put freezes on their credit reports for good reason. But if you only froze one, someone can now still take out a loan on your name if they have the rest of your info. What changed:Until recently, Fannie Mae required all three credit reports to actually report for them to buy a loan from a bank. The change now allows for your report to be frozen with one credit reporting agency, but the other two must be unfrozen. Why this matters:Your local bank might sell the mortgages they originate to Fannie Mae. Many small and even moderately sized banks have investors they sell mortgages to. Fannie Mae is one of the largest investors here. The loan must be originated and underwritten to Fannie Maes standards for them to purchase it. This means that Fannie Maes guidelines impact your local banks guidelines if they sell to them. This change means that other banks will now be allowing this same thing. So if youre worried about your credit but didnt freeze it with all three agencies, do that now. Edit: sourceIm a technical writer at a bank and am rewriting our internal procedures on what we accept based on the above as I type this. Edit 2: Im not suggesting Fannie Mae originates loans. The thing is that their decisions as an investor will impact how banks do business. Fannie Mae says theyll take loans that are riskier? Banks that sell to Fannie Mae will start originating those riskier loans because they know they can sell them. This is about Fannie Mae being a large investor saying theyll take loans with one frozen score, so some banks will start accepting that too and not require that it be unfrozen. All I was saying was, if you were concerned but thought freezing one or two was good enough, thats not necessarily the case.  <response>: You may find these links helpful:- Identity Theft Guide- Credit-related wiki pagesI am a bot, and this action was performed automatically. Please contact the moderators of this subredditmessagecompose?torpersonalfinance if you have any questions or concerns. 