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.

FHFA says the new committee will provide greater transparency on policy and give shareholders more input on matters related to affordable, equitable and sustainable housing.

Conservative economist Douglas Holtz-Eakin said the Federal Reserve’s exit from the MBS market is helping drive up interest rates in the affordable housing space. The remedy, he said, is GSE reform.

At the first of three planned listening sessions, FHFA heard that for-profit investors increasingly use litigation to pressure nonprofit affordable housing developers to sell LIHTC-funded properties at minimal prices.

Over the past two years, Fannie estimates its single-family green MBS program has saved over 45 billion BTUs of energy.

A federal court in South Carolina uncovers a scheme of kickbacks and bribes related to FHLB and HUD affordable housing program grants.

GSE insiders worry litigation over race-based housing assistance will undermine the enterprises’ equitable housing finance plans.

Fannie and Freddie bolstered their affordable housing acquisitions in 2021; FHLB not so much.