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With landmark GSE equity plans, FHFA confronts legacy of redlining

With landmark GSE equity plans, FHFA confronts legacy of redlining

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With landmark GSE equity plans, FHFA confronts legacy of redlining
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With landmark GSE equity plans, FHFA confronts legacy of redlining
With landmark GSE equity plans, FHFA confronts legacy of redlining
With landmark GSE equity plans, FHFA confronts legacy of redlining
With landmark GSE equity plans, FHFA confronts legacy of redlining
housingwire housingwire | 1 year ago
The plans establish a flexible framework for the GSEs to address barriers to sustainable housing and close the racial homeownership gap. The 2022 to 2024 plans will be updated annually, FHFA said, and will pay special attention to barriers to homeownership in Black and Latino communities. The post With landmark GSE equity plans, FHFA confronts legacy of redlining appeared first on HousingWire.
The plans establish a flexible framework for the GSEs to address barriers to sustainable housing and close the racial homeownership gap. The 2022 to 2024 plans will be updated annually, FHFA said, and will pay special attention to barriers to homeownership in Black and Latino communities. The post With landmark GSE equity plans, FHFA confronts legacy of redlining appeared first on HousingWire.
FHFA unveils GSE duty to serve plans
FHFA unveils GSE duty to serve plans
FHFA unveils GSE duty to serve plans
FHFA unveils GSE duty to serve plans
housingwire housingwire | 1 year ago
The Federal Housing Finance Agency today released Fannie Mae and Freddie Mac’s long-awaited duty to serve underserved markets plans. One item of note? Chattel loans. The post FHFA unveils GSE duty to serve plans appeared first on HousingWire.
The Federal Housing Finance Agency today released Fannie Mae and Freddie Mac’s long-awaited duty to serve underserved markets plans. One item of note? Chattel loans. The post FHFA unveils GSE duty to serve plans appeared first on HousingWire.
FHFA: GSE servicers must keep fair lending data
FHFA: GSE servicers must keep fair lending data
FHFA: GSE servicers must keep fair lending data
FHFA: GSE servicers must keep fair lending data
housingwire housingwire | 1 year ago
In a move the FHFA said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The post FHFA: GSE servicers must keep fair lending data appeared first on HousingWire.
In a move the FHFA said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The post FHFA: GSE servicers must keep fair lending data appeared first on HousingWire.
FHFA to increase GSE fourth-party oversight
FHFA to increase GSE fourth-party oversight
FHFA to increase GSE fourth-party oversight
FHFA to increase GSE fourth-party oversight
housingwire housingwire | 1 year ago
The FHFA will increase its oversight of firms that contract with companies doing business with the government-sponsored enterprises. The post FHFA to increase GSE fourth-party oversight appeared first on HousingWire.
The FHFA will increase its oversight of firms that contract with companies doing business with the government-sponsored enterprises. The post FHFA to increase GSE fourth-party oversight appeared first on HousingWire.
Legacy Home Loans launches SPCP for Black borrowers
Legacy Home Loans launches SPCP for Black borrowers
Legacy Home Loans launches SPCP for Black borrowers
Legacy Home Loans launches SPCP for Black borrowers
housingwire housingwire | 1 year ago
Legacy Home Loans, the largest Black-led mortgage banking firm in the U.S., launched a special purpose credit program for Black borrowers. The post Legacy Home Loans launches SPCP for Black borrowers appeared first on HousingWire.
Legacy Home Loans, the largest Black-led mortgage banking firm in the U.S., launched a special purpose credit program for Black borrowers. The post Legacy Home Loans launches SPCP for Black borrowers appeared first on HousingWire.
FHFA wants GSE pricing tweaks and counterparty exam authority
FHFA wants GSE pricing tweaks and counterparty exam authority
FHFA wants GSE pricing tweaks and counterparty exam authority
FHFA wants GSE pricing tweaks and counterparty exam authority
housingwire housingwire | 1 year ago
Fannie Mae and Freddie Mac’s pricing frameworks may see changes to better serve “core mission borrowers,” according to the FHFA. The post FHFA wants GSE pricing tweaks and counterparty exam authority appeared first on HousingWire.
Fannie Mae and Freddie Mac’s pricing frameworks may see changes to better serve “core mission borrowers,” according to the FHFA. The post FHFA wants GSE pricing tweaks and counterparty exam authority appeared first on HousingWire.
FHFA report on GSE fair lending reveals “persistent” racial divide
FHFA report on GSE fair lending reveals “persistent” racial divide
FHFA report on GSE fair lending reveals “persistent” racial divide
FHFA report on GSE fair lending reveals “persistent” racial divide
housingwire housingwire | 1 year ago
A new Federal Housing Finance Agency (FHFA) report showed room for improvement in Fannie Mae and Freddie Mac's fair lending performance. The post FHFA report on GSE fair lending reveals “persistent” racial divide appeared first on HousingWire.
A new Federal Housing Finance Agency (FHFA) report showed room for improvement in Fannie Mae and Freddie Mac's fair lending performance. The post FHFA report on GSE fair lending reveals “persistent” racial divide appeared first on HousingWire.
Outline plans in for 2,000 flats Leeds landmark scheme
Outline plans in for 2,000 flats Leeds landmark scheme
Outline plans in for 2,000 flats Leeds landmark scheme
Outline plans in for 2,000 flats Leeds landmark scheme
Construction news, jobs and co... Construction news, j... | 1 year ago
The Yorkshire developer aims to build nearly 2,000 homes, alongside 650,000 sq ft of offices, retail, leisure and community uses, as well as a new linear park along Sweet Street. The brownfield site, which is located just off Meadow Road to the South of the city centre and is currently used as a temporary car park, will be called City One Leeds. The development will comprise of around 10 feature buildings, interwoven with new amenities and extensive green open spaces and landscaping accounting...
The Yorkshire developer aims to build nearly 2,000 homes, alongside 650,000 sq ft of offices, retail, leisure and community uses, as well as a new linear park along Sweet Street. The brownfield site, which is located just off Meadow Road to the South of the city centre and is currently used as a temporary car park, will be called City One Leeds. The development will comprise of around 10 feature buildings, interwoven with new amenities and extensive green open spaces and landscaping accounting...
Proposed FHFA changes would harm smaller lenders
Proposed FHFA changes would harm smaller lenders
Proposed FHFA changes would harm smaller lenders
Proposed FHFA changes would harm smaller lenders
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Moving towards bank-like capital standards for all independent mortgage banks that sell loans to Fannie Mae and Freddie Mac could limit consumer access to mortgage credit, writes Community Home Lenders Association executive director Scott Olson.
Moving towards bank-like capital standards for all independent mortgage banks that sell loans to Fannie Mae and Freddie Mac could limit consumer access to mortgage credit, writes Community Home Lenders Association executive director Scott Olson.
Another lender settles redlining accusations with DOJ
Another lender settles redlining accusations with DOJ
Another lender settles redlining accusations with DOJ
Another lender settles redlining accusations with DOJ
housingwire housingwire | 1 year ago
The complaint filed in federal court alleges that from at least 2015 to 2021, Lakeland Bank failed to provide mortgage lending services to Black and Hispanic neighborhoods in and around Newark, NJ. The post Another lender settles redlining accusations with DOJ appeared first on HousingWire.
The complaint filed in federal court alleges that from at least 2015 to 2021, Lakeland Bank failed to provide mortgage lending services to Black and Hispanic neighborhoods in and around Newark, NJ. The post Another lender settles redlining accusations with DOJ appeared first on HousingWire.