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The Federal Housing Finance Agency has asked for comment on a proposed rule meant to formalize the regulator’s approach to fair housing and fair lending oversight. So reports DSNews.
Among other things, the rule would codify the FHFA’s fair lending oversight mandates for Fannie Mae and Freddie Mac.
“The proposed rule will help FHFA ensure that our regulated entities operate in a safe and sound manner as they comply with fair housing laws and serve the public interest," FHFA Director Sandra L. Thompson said in a statement.
