The Federal Housing Finance Agency in its Annual Housing Report today said that Freddie Mac failed to meet two of its four affordable housing goals — those for low and very-low income buyers purchasing single-family homes — in 2017. The GSE met its low-income refinancing goal for single-family homes and the goal for home purchases in low-income areas. Fannie Mae achieved all four of its affordable housing goals, FHFA said. Both GSEs met the goals for multifamily lending.
Nichols optimistic on regulatory reform push
ABA President and CEO Rob Nichols told the Conference for Community Bankers that he is optimistic that “the tsunami of regulation we have seen the last few years will continue to recede.” He also highlighted several resources for...