Among a host of updates made by the Federal Home Loan Mortgage Corp. on rental income is the utilization of income from short-term rentals.

McLean, Virginia-based Freddie Mac says the nation’s housing trends in the rental market are evolving, and it is studying the changes.

The trends include short-term rental income, where a lease is not utilized. So the government-sponsored enterprise has issued guidance on such situations.<

Source: Mortgage Daily