source:
  type: guide
  id: fnma-sel-b3-5.3-01
  authority: Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts
  description: Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts.
  coverage_tier: operative
obligations:
- id: fnma-sel-b3-5.3-01-full
  canonical_id: fnma-sel-b3-5.3-01-full
  section: Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts
  type: do
  tags:
  - regulator-direct
  - fnma
  - selling-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Selling Guide B3-5.3-01 — Number and Age of Accounts
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/selling-guide
    snapshot_id: 5f7b8b79da595d76
    fetched_at: '2026-05-25T14:09:57Z'
    content_hash: sha256:98cf85a02861bbe84914a0e339b327c8fc131869a8a573882007bbeea60c5701
    paragraph_quote: B3-5.3-01, Number and Age of Accounts (04/01/2009) Introduction
      This topic contains information on the number and age of accounts. Number and
      Age of Accounts Number and Age of Accounts The lender must review the borrower’s
      credit report to determine whether they have an older established credit history
      or a newly established credit history, and whether there are a signiﬁcant number
      of recently opened accounts or a mix of new accounts and older accounts. Credit
      histories that include older, established accounts generally represent lower
      credit risk. However, an older, established credit history that includes a signiﬁcant
      number of recently opened accounts may indicate that the borrower is overextended,
      and thus will represent a higher credit risk. A newly established credit history
      does not automatically represent a higher credit risk, since making payments
      Published May 6, 2026 466 as agreed on newly opened accounts represents less
      of a risk than not making payments as agreed on older, established accounts.
      Recent Related Announcements There are no recently issued Announcements related
      to this topic.
  judgment: false
