Tuesday, April 28, 2009

FHFA Proposes Reduced Housing Goals for GSE's and Wants to Allow Loan Modifications to Count, Too.

FHFA has announced, for public comment, reduced 2009 housing goals for the GSE's.

Moreover, FHFA now wants to allow loan modification to count toward the reduced housing goals.

Announcement from FHFA is HERE, it includes links to the goals (see bottom of page 2) to be published shortly in the Federal Register for a 21 day comment period.

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