Looking to address the need for more affordable housing options, the FHFA will require that at least 50% of the GSE’s multifamily business be mission-driven affordable housing.
Read More »Working Toward Equity and Sustainability
Sandra L. Thompson, Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs.
Read More »New FHFA Initiative Aimed at Narrowing the Homeownership Gap
The Biden Administration and the FHFA have announced several new initiatives to combat housing inequality, including the GSE investment of up to $850 million annually in Low-Income Housing Tax Credits.
Read More »The Week Ahead: FHFA Provides Guidance on Underserved Markets
As part of the Duty to Serve program, the GSEs will present three virtual Listening Sessions focusing on rural housing, affordable housing preservation, and manufactured housing.
Read More »Manufactured Housing: The Low Inventory Solution?
Demand continues to overshadow supply in the housing market, but a combination of manufactured homes and down payment assistance may ease this burden.
Read More »Serving the Underserved
In an effort to better serve some persistent affordable housing problems in the U.S. Fannie Mae and Freddie Mac released their proposed Duty to Serve plans. "Duty to Serve presents a welcome opportunity to lead the mortgage industry and help more American families with their housing needs," said Danny Gardner, Freddie Mac's vice president of affordable lending and access to credit. The purpose of the plan is to better serve some persistent affordable housing problems in the U.S.
Read More »FHFA Proposes Rule for Fannie Mae, Freddie Mac to Offer Mortgages to Underserved Markets
The proposed regulation will require the GSEs to serve three underserved markets including manufactured housing, affordable housing preservation, and rural markets.
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