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.

Higher AMIs in most counties mean more borrowers are eligible for the GSEs’ affordable housing programs.

The White House action plan for increasing the supply of affordable housing largely piggybacks on the duty-to-serve plans of Fannie Mae and Freddie Mac.

Donna Corley, Freddie’s head of single-family, said borrowers will soon be able to use the Choice Renovation product to finance the construction of accessory dwelling units and count the rent toward income.

Hundreds of organizations and individuals will compete for seed money to support their plans to advance equity in housing.

Fannie and Freddie addressed FHFA complaints by adding more rigorous and measurable goals to their plans to improve liquidity in underserved mortgage markets.

New rules entitle manufactured home renters to be notified before rent increases or changes in community ownership. Manufactured homeowners receive more leeway to sell their homes, even if they’re in default.

The agency’s finalized strategic plan is almost unchanged from the draft version, despite recommendations and criticisms from mortgage industry stakeholders.