FHFA Revises GSE Housing Goals Upward Through 2017
September 5, 2014
Fannie Mae’s and Freddie Mac’s regulator has proposed tougher GSE affordable housing goals for purchase mortgages in low-income areas. Issued last week by the Federal Housing Finance Agency, the proposal would increase some of the benchmark levels for Fannie’s and Freddie’s affordable housing goals through 2017, while also establishing new housing subgoals for low-income multifamily properties.