Consolidating FHFA’s authority to support fair housing and fair lending laws under the umbrella of the GSEs’ equitable housing finance plans will improve access to mortgage credit for underserved communities, supporters say. The GSEs, however, see key problems.

The new value denotes multifamily properties where the borrower sponsors affordable units in cost-burdened or very cost-burdened areas.

FHFA recently changed the upfront fees charged by Fannie and Freddie, in part to help meet the highly conservative capital requirements imposed on them by former Director Mark Calabria. Now, critics of the fees have joined critics of the conservatorship.

HeritageOne will provide financing for single-family homes located on federally designated tribal lands. Only primary residences are eligible.

Concerns voiced by Senate Democrats appear to have prompted an FHFA review of how the GSEs sell their nonperforming and reperforming loans.

Fannie and Freddie modified their policies to support lower-income borrowers by allowing greater use of downpayment assistance and equity-sharing programs.

The new rule would solidify the GSEs’ equitable housing finance plans, fair housing reporting and collection of language preference data.

Properties with mortgage loans backed by Fannie green bonds saved the equivalent of 11.8 trillion BTUs in energy last year.

For Fannie, the most obvious change was a major expansion of the EHFP’s target audience. In its initial plan, the enterprise had focused almost exclusively on Black homebuyers.

New definitions in the amended rule will expand the number of colonias eligible for credit under the duty-to-serve obligations of the GSEs.