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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.

FHFAOne 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.

Read the full article from GlobeSt.com.

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