Were Fannie, Freddie Affordable Housing Goals Effective?
– … But a new Federal Reserve staff paper argues that those affordable housing goals had a limited impact on the volume and type of loans that the companies guaranteed. That conclusion calls into question the role that those mandates may have played in the companies’ extraordinary losses that hastened their downfall.
Related Questions
- Is MGIC’s RTM Program only available for Fannie Maes Home Affordable Refinance options or Freddie Macs Relief Refinance MortgagesSM?
- What types of programs does the City offer to make housing more affordable, and who is eligible to apply?
- How can the effect of impact fees on affordable housing be mitigated?
