By some estimates, the enterprises will have to increase guarantee fees by about 3 basis points to offset the lost revenue from FHFA's targeted elimination of LLPAs.

A nonprofit specializing in housing for the homeless, aged, and persons with mental disabilities wins the auction on 16 nonperforming loans in Miami.

Funding for affordable housing and community investment programs declined across the board as the FHLBanks’ profits waned in 2021.

FHFA has allowed for expanded use of forward commitments to facilitate the development of more affordable housing.

Currently head of Enterprise Community Partners, Priscilla Almodovar will become the first Latina to head either of the government-sponsored enterprises.

The regulator proposed a more standard, nationwide definition of “colonia” to make it easier for the enterprises and lenders to identify communities where their activities are eligible for credit under DTS.

Industry groups say Fannie’s 15-bp fee on broker-originated loans flies in the face of the level playing field for the mortgage business.

Urban Institute researchers said the reliance on personal loans to finance manufactured housing adds to inequity in affordable housing.

The NPL offering is Fannie’s 20th community impact pool, which includes 70 loans in the Miami area with a UPB of about $16 million.

Affordable housing advocates say Fannie Mae and Freddie Mac should do more to prevent investors from exploiting loopholes to profit off of LIHTC-funded properties.