The Federal Housing Finance Agency is seeking feedback on proposed new product offerings from Freddie Mac.
FHFA seeks comment on proposed GSE offerings
April 19, 2024 / By ICBA
The Federal Housing Finance Agency is seeking feedback on proposed new product offerings from Freddie Mac.
The Federal Housing Finance Agency is seeking feedback on proposed new product offerings from Freddie Mac. Freddie’s offering would involve the purchase of certain single-family closed-end second mortgages as an alternative for homeowners to access equity. Freddie Mac’s new offering would allow for the purchase of closed-end second mortgages for properties where it already holds the first mortgage.
ICBA has continued to stress that the FHFA’s focus should be on preparing the government-sponsored enterprises to exit conservatorship rather than diverting funds to launch a new product. ICBA plans to take up the issue with the Housing Committee and submit a comment letter on the proposal.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.
Join the Community Example Text
