Skip to main content

FHFA To Create Advisory Committee On Affordable, Equitable, & Sustainable Housing

Sarah Wolak
Aug 24, 2022

The committee will focus on FHFA’s regulated entities like Fannie Mae, Freddie Mac & Federal Home Loan Banks.

KEY TAKEAWAYS
  • The committee will focus on providing a reliable source of liquidity and funding to support housing finance in the single-family and multifamily housing markets.
  • FHFA says it is seeking members who are engaged in financing, development, and/or administration of affordable, equitable & sustainable housing and housing policy.

The Federal Housing Finance Agency (FHFA) on Tuesday announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing.

The FHFA said the committee will provide advice and input regarding housing needs and any regulatory or policy changes.

The committee’s activities will focus on FHFA’s regulated entities, such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Additionally, the committee will focus on providing a reliable source of liquidity and funding to support housing finance in the single-family and multifamily housing markets, FHFA said. 

“The formation of an advisory committee will better position FHFA to fulfill its strategic goal of supporting access to affordable, equitable, and sustainable housing,” said FHFA Director Sandra L. Thompson. “Today’s announcement exemplifies our commitment to transparency, ongoing dialogue with stakeholders and the public, and thoughtful policymaking that connects equitable access with safety and soundness.”

The FHFA said it is seeking members who are engaged in the financing, development, and/or administration of affordable, equitable & sustainable housing and housing policy, and who have relevant expertise, applicable to the GSEs or the FHLBs. 

Relevant expertise includes experience in one of the following areas: Fair housing, fair lending or civil rights, multifamily lending, tenant advocacy, market technology, and academic housing research. Other expertise examples can be found here

Published
Aug 24, 2022
ATTOM Announces Addition Of NMLS Data

Provides access to the names and NMLS IDs for those originating residential mortgage loans.

Industry News
Oct 05, 2022
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Tech
Sep 27, 2022