FHFA Establishes Housing Goals for Next Two Years

Feb 07, 2018

Do you agree with me that today’s housing supply has narrowed, and mortgage demand is uncertain

The Federal Housing Finance Agency (FHFA) has published a final rule establishing Fannie Mae and Freddie Mac’s new single-family and multifamily housing goals for 2018 through 2020.

The single-family housing goals remain unchanged, with the FHFA mandating Fannie Mae and Freddie Mac to a benchmark level of 24 percent for low-income home purchases, six percent for very low-income home purchases, 14 percent for low-income areas home purchase sub-goals and 21 percent for overall low-income refinancings.

For multifamily housing goals, the FHFA established a low-income goal of 315,000 units, up from the 300,000 for the 2015-2017 benchmark level period. The very low-income sub-goal is 60,000 units, the same as the 2015-2017 period, while the Small Multifamily low-income sub-goal is 10,000 units, unchanged from 2017 but higher than the 8,000 level in in 2016 and 6,000 in 2015.

About the author

Phil Hall

Link copied

Published

Feb 07, 2018

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...

Wholesale

The Loan Store Rebrands As Averra Financial

The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings

The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...

Nov

Houston, TX

More from

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Analysis and Data

Oct 02, 2026

Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Analysis and Data

Oct 01, 2026

Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Analysis and Data

Sep 29, 2026

Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Analysis and Data

Sep 25, 2026

Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Analysis and Data

Sep 25, 2026

Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Tech

Sep 23, 2026

Popular