FHFA Looks to Repeal Fair Lending Rule

The Federal Housing Finance Agency (FHFA) is continuing with its proposed repeal of the Biden Administration’s Fair Lending, Fair Housing and Equitable Housing Finance Plans regulations. This repeal would include eliminating requirements for Fannie Mae and Freddie Mac to create, execute and report on equitable housing finance plans. The final rule is set to be published in the Federal Register on February 6 and go into effect 30 days later. Additionally, the FHFA hinted at potential future rulemaking involving the FHLBanks.

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