fbpx

FHFA

New Report On Federal Home Loan Banks Can Be Springboard To Much-Needed Reforms

By / / Press Releases / 2 minutes of reading

A rich new federal report assessing the Federal Home Loan Bank (FHLB) system will help the public and policymakers achieve effective reforms to improve the FHLBs’ future performance, community advocates said Wednesday. “Government support is crucial in closing the racial homeownership divide, but the dollars deployed through the FHLB system are too often captured on […]

New Report On Federal Home Loan Banks Can Be Springboard To Much-Needed Reforms Read More »

NCRC applauds FHFA’s proposed expansion of affordable housing goals, and a new goal specific for minority communities

By / / Press Releases / 2 minutes of reading

Today, the Federal Housing Finance Agency (FHFA) proposed 2022-2024 single-family and multifamily housing goals for the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac. In addition to proposing higher annual benchmarks in some categories, the agency proposes new single-family subgoals focused on communities of color and that respond to concerns about displacement in low-income communities.

NCRC applauds FHFA’s proposed expansion of affordable housing goals, and a new goal specific for minority communities Read More »

NCRC applauds HUD, FHFA plan to strengthen enforcement of the Fair Housing Act, and inclusion of rental payment data for mortgage risk assessments at Fannie Mae

By / / Press Releases / 3 minutes of reading

This is a bold and promising move to align and combine forces at agencies that should work together to end housing and lending discrimination and, importantly, to ensure their policies expand access to affordable homeownership for more borrowers and communities of color.

NCRC applauds HUD, FHFA plan to strengthen enforcement of the Fair Housing Act, and inclusion of rental payment data for mortgage risk assessments at Fannie Mae Read More »

Bold leadership is needed at FHFA to address access to credit, affordable housing crisis

By / / Press Releases / 2 minutes of reading

This is a pivotal moment for Fannie Mae and Freddie Mac, for the mission in their charters, and the role they can and must play in facilitating access to affordable housing and affordable mortgage credit for low- and moderate-income (LMI) households, for families and communities of color and rural communities.

Bold leadership is needed at FHFA to address access to credit, affordable housing crisis Read More »

FHFA Announces New Refinance Options for Low-Income Families on GSE-backed mortgages

By / / Press Releases / 1 minute of reading

The Federal Housing Finance Agency (FHFA) yesterday approved new refinance options for low-income borrowers, allowing Fannie Mae and Freddie Mac (government sponsored enterprises, or GSEs) to offer new loan products that will bring lower interest rates and lower monthly payments within reach for more lower-income households.

FHFA Announces New Refinance Options for Low-Income Families on GSE-backed mortgages Read More »

19 community organizations urge FHFA to release data and analysis for proposed capital rule on the GSEs

By / / Press Releases / 2 minutes of reading

This week, 19 national community organizations called on the Federal Housing Finance Agency (FHFA) to provide more clarity and transparency around the impacts of the agency’s proposed capital requirements for Fannie Mae and Freddie Mac (the Enterprises) before the end of a public comment period on August 31st.

19 community organizations urge FHFA to release data and analysis for proposed capital rule on the GSEs Read More »

FHFA Re-Proposed Capital Rule for the Enterprises Sign-on Letter

By / / Testimony & Regulatory Comments / 6 minutes of reading

August 10, 2020 The Honorable Mark Calabria Director Federal Housing Finance Agency 400 7th Street, SW Washington, D.C. 20219 Hugh Frater CEO Fannie Mae Midtown Center 1100 15th Street, NW Washington, DC 20005 David Brickman CEO Freddie Mac 1551 Park Run Drive Mclean, VA 22102 Dear Director Calabria, Executives Frater and Brickman: We are writing

FHFA Re-Proposed Capital Rule for the Enterprises Sign-on Letter Read More »

CFPB, FHFA Establish New Borrower Protection Program to Respond to COVID-19 Pandemic

By / / Research / 2 minutes of reading

This month, the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) announced the new Borrower Protection Program that streamlines consumer protection oversight of mortgage servicers through new data and information sharing between the program sponsors as they respond to the coronavirus pandemic.

CFPB, FHFA Establish New Borrower Protection Program to Respond to COVID-19 Pandemic Read More »

NCRC Applauds Congress and Trump Administration Efforts to Keep People in Their Homes, But More Needs to Be Done

By / / Press Releases / 2 minutes of reading

“Today, we saw Congress and President Trump take important steps to protect Americans against both health and economic repercussions of COVID-19….this is a great first step, but there will need to be others,” said Jesse Van Tol, CEO of NCRC.

NCRC Applauds Congress and Trump Administration Efforts to Keep People in Their Homes, But More Needs to Be Done Read More »

Scroll to Top

Start typing and press enter to search