Search
 

Proposed HUD Regulations Would Raise Fannie Mae, Freddie Mac Housing Lending Goals

WASHINGTON - The U.S. Department of Housing and Urban Development recently proposed new federal regulations that would raise the targeted lending requirements for Fannie Mae and Freddie Mac. According to a HUD release, the agency estimates that over the next four years, an additional one million low- and moderate-income families...

By Staff Writer | Updated on April 27, 2004

WASHINGTON – The U.S. Department of Housing and Urban Development recently proposed new federal regulations that would raise the targeted lending requirements for Fannie Mae and Freddie Mac. According to a HUD release, the agency estimates that over the next four years, an additional one million low- and moderate-income families would be served as a result of the new requirements. By statute, HUD sets the annual affordable housing goals that require a percentage of Fannie and Freddie Mac’s lending go to underserved borrowers and communities. The proposal is currently under a 15-day congressional review. After that there will be a 60-day comment period.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2025 ALM Global, LLC. All Rights Reserved.