Construction loans may be too risky for the GSEs to purchase at scale, but Fannie has other products that help increase and preserve supply.

House members discuss reforms to AMA, Affordable Housing Program, membership eligibility, and ways to provide CDFIs more access to FHLB advances.

Senate Democrats press OMB Director Vought to release previously allocated and designated grant funding for organizations to build and rehabilitate housing.

FHFA wants to claim exemptions “for certain system of records to ensure the agency can effectively carry out its statutory responsibilities while safeguarding sensitive information.”

Proposed legislation would allow Fannie Mae and Freddie Mac to purchase and securitize residential construction loans, provided those projects meet certain affordability and safety and soundness requirements.

Proposed changes would revamp the treatment of “Indian areas” and rural agricultural workers, along with altering the method of calculating area median income.

As Basel III approaches the end of what may be its last notice and comment period, industry stakeholders work to secure last-minute policy changes.

Draft legislation would let the GSEs securitize construction loans; Fannie to expand title pilot program.

The trade group called for an all-of-government effort to solve the housing affordability crisis. That includes the GSEs.

The move will increase the size of eligible loans and the number of units allowed, but stiffer qualification requirements may alienate smaller landlords.