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FHFA: Freddie Mac Falls Short of Some Low-Income Housing Goals

Wednesday, October 31, 2018   (0 Comments)
Posted by: Amanda Averch
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The Federal Housing Finance Agency in its Annual Housing Report yesterday 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. Read the report

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