Despite a tough economic environment, FHA Commissioner Julia Gordon believes the administration is “making progress” to expand access to credit.

The private pow-wow revealed broad agreement between government, industry and advocacy groups on how to deal with the nation’s affordable housing shortage.

Lenders say the 15-bp surcharge on broker loans penalizes low- and moderate-income borrowers and flies in the face of the principle of the level playing field.

The Federal Housing Finance Agency’s analysis of the Federal Home Loan Bank system includes a review of eligibility requirements for membership.

The GSEs will now focus on the percentage of multifamily units that meet affordability standards rather than the actual number.

Fannie Mae will allow downpayment assistance supported by lender-funded grants.

Agencies and regulators are seeking stakeholder input on how to improve lending and securitization in the manufactured home space.

Fee-for-service partnerships between mortgage lenders and housing counseling agencies could bring scale to the pre-purchase counseling services HCAs offer, according to industry experts.

Both Fannie Mae and Freddie Mac plan to base much of their equitable housing finance efforts on existing pilot programs.

Fannie Mae and Freddie Mac are leaning on special purpose credit programs to offer better access to housing finance for Black and Latino borrowers.