The new goals don’t deviate dramatically from what the agency proposed in August, but the mulitfamily goals will only apply to 2022 instead of the usual three-year time span.
Critics argue that the mechanical method for determining the loan limits distorts the market and makes it harder for the GSEs to meet their affordable housing goals.
Freddie has seen a big shift in how lenders sell loans, with the share of cash sales dropping sharply in 2021 while swaps have gained favor. The same thing happened at Fannie, though not as dramatically. (Includes two data charts.)
Roughly half of appraisers who work in both white and minority neighborhoods appear to systematically undervalue homes in predominately minority census tracts.
A partnership with fintech Esusu Finance will allow landlords to automatically forward positive rental payment history to the major credit reporting bureaus.
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