GSEs Miss FHFAs Goals for Low-Income Originations

The Federal Housing Finance Agency (FHFA) will adjust its target goals for facilitating mortgage origination for low- and moderate-income individuals after the government-sponsored enterprises (GSEs) missed a key loan-purchase goal for originations to low- and moderate-income borrowers.FHFA said it plans to lower recommended loan purchase goals for Fannie Mae (FNM: 1.0099 -1.95%) and Freddie Mac [...]

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