The Federal Housing Finance Agency (FHFA) is proposing to repeal its fair lending, fair housing and equitable housing finance rule, arguing that the regulation is duplicative that the repeal aligns with prior executive orders aimed at streamlining agency functions.

The rule, finalized in May 2024 under the Biden administration, required Fannie Mae and Freddie Mac to develop and report on Equitable Housing Finance Plans (EHFPs) alongside other fair housing provisions.

In its repeal notice through the Federal Register, the FHFA emphasized that the core statutes underpinning the rule — the Fair Housing Act, the Equal Credit Opportunity details ⇒

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