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Home » Store » Taxable » HUD Makes Only Minor Concessions in Setting Tough New Housing Mission Goals for Fannie and Freddie

HUD Makes Only Minor Concessions in Setting Tough New Housing Mission Goals for Fannie and Freddie

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The Bush administration stuck to its guns this week and pushed ahead with tough new affordable housing goals for Fannie Mae and Freddie Mac, rejecting widespread criticism from the government-sponsored enterprises and many industry groups that the targets may prove un-hittable. The Department of Housing and Urban Development published a new final regulation on GSE affordable housing goals in the Nov. 2 Federal Register. Based closely on a controversial proposed rule published earlier this year,…
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