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FHFA releases GSEs’ three-year plans to improve housing access in underserved communities

Housing Wire

Required under separate regulatory frameworks, the FHFA submitted the plans as part of the 2025-2027 Duty to Serve (DTS) requirements and the 2025-2027 Equitable Housing Finance Plans (EHFPs). And Fannie Mae “will focus on enabling rural Community Development Financial Institutions to access secondary markets,” the FHFA explained.

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FHFA finalizes new housing goals for Fannie Mae, Freddie Mac

Housing Wire

The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.

Finance 390
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FHFA proposes new three-year housing goals for Fannie, Freddie

Housing Wire

The proposed goals for 2025 through 2027 are designed to ensure that the GSEs purchase mortgages that “responsibly promote equitable access to affordable housing that reaches low- and moderate-income families, minority communities, and other underserved populations,” according to information released this week by the agency.

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GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac (the GSEs) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027. Thompson. “I

Finance 391
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FOA announces amendment and update for bond exchange offer

Housing Wire

The current unsecured notes, due in 2025 with an interest rate of 7.875%, could be swapped for one of two new bond options — those with the same interest rate due in 2026 (with a company option to extend into 2027), or new bonds with a 10% interest rate that would come due in 2029.

Finance 298
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NYSE moves to delist FOA warrants from the exchange

Housing Wire

In mid-June, an FOA filing with the SEC indicating that the company was preparing to perform a reverse stock split at a 10-to-1 ratio in a move designed to boost the company’s stock price. of the overall market based on the first six months of the year.

Retail 275
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The crypto-mortgage is the new kid on the block

Housing Wire

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8

Mortgage 446