The Federal Housing Finance Agency (FHFA), under the leadership of Director Sandra Thompson, on Wednesday unveiled landmark equitable housing finance plans for Fannie Mae and Freddie Mac.

The plans establish a flexible framework for the government-sponsored enterprises to address barriers to sustainable housing and close the racial homeownership gap. The 2022 to 2024 plans will be updated annually, FHFA said in a statement, and will pay special attention to barriers to homeownership in Black and Latino communities.

The FHFA also unveiled a pilot transparency framework for the Enterprises, requiring them to publish and maintain a list of pilots details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com