One new single-family home loan purchase subgoal for Fannie Mae and Freddie Mac aims at minority communities.
The other newly proposed subgoal is focused on low-income neighborhoods.
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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
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FHFA Proposes Affordability Goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency has proposed new goals on affordable housing for the government-sponsored enterprises for 2022 to 2024. So reports GlobeSt.com.
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