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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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Fannie Mae, Freddie Mac Publish Three-Year Plans to Improve Housing Opportunities

Appraisal Buzz

The GSEs’ 2025-2027 Duty to Serve (DTS) Underserved Markets Plans seek to improve access to mortgage liquidity across three underserved housing markets: manufactured housing, affordable housing preservation, and rural housing. The goal is to advance equitable housing access in markets and communities facing persistent challenges.

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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.

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Apartment Construction Projected to Reach Historic Highs in 2024

Appraisal Buzz

By the end of 2024, developers plan to have completed an astounding 518,108 rental units, a startling 30% more than in 2022 and 9% more than in 2023. Moreover, 47% of the 369 metro areas under study are probably going to develop more in the upcoming five years than they did in the years between 2019 and 2023.

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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

The deal that runs through 2028 includes more than $1 billion for community development lending and services, investments in affordable housing , revitalization and stabilization, and projects that create jobs in LMI areas.

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Watchdog says HUD has struggled to prevent ‘improper payments’ for 11 years

Housing Wire

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper payments” related to its programs for 11 consecutive years.

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FHFA Unveils Plans to Boost Underserved Markets

Appraisal Buzz

Their 2025-2027 Duty to Serve (DTS) Underserved Markets Plans seek to improve access to mortgage liquidity across three underserved housing markets: manufactured housing, affordable housing preservation, and rural housing. The 2025-2027 DTS plans expand liquidity to serve nearly 690,000 renter households and over 90,000 homeowner households.

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