The proposed housing goals for 2025-2027 are set to introduce changes to the requirements for Government-Sponsored Enterprises (GSEs) in the event that they fail to meet a specific goal. This measure is aimed at improving accountability and ensuring that GSEs are held responsible for their performance in meeting established housing goals.
Key elements of the proposed changes include:
– Introduction of stricter consequences for GSEs that do not meet housing goals
– Increased transparency and reporting requirements for GSEs
– Possible restructuring of GSEs’ operations to better align with housing goals
– More stringent oversight of GSEs’ activities to ensure compliance with housing goals
Overall, the proposed housing goals for 2025-2027 signal a shift towards greater accountability and transparency in the mortgage industry, with a focus on ensuring that GSEs fulfill their role in promoting affordable housing opportunities.
You can read this full article at: https://www.housingwire.com/articles/fhfa-proposes-new-three-year-housing-goals-for-fannie-freddie/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
