On August 1, a bipartisan group of legislators introduced the Preserving Rural Housing Investments Act, a bill in the U.S. Senate and House of Representatives that would clarify the ability of Fannie Mae and Freddie Mac to invest in multi-investor funds, which are critical to their ability to reach rural markets. The legislation was led […]
Sector-Defining Partnership of Nonprofit Companies Bring Social Responsibility Lens to Mortgage Lending With Focus on Affordable, Workforce Housing Today, Cinnaire, The Community Preservation Corporation (CPC) and National Equity Fund (NEF) announced a joint partnership in CPC Mortgage Company, a national mortgage lending company specializing in multifamily Agency finance products. This first-of-its-kind cooperative leverages the resources and
Recently, the Federal Housing Finance Agency (FHFA) announced that it would be requiring Fannie Mae and Freddie Mac to prepare Equitable Housing Finance Plans to advance equity in housing finance. In September, the FHFA issued a Request for Input on these plans, including its intention to require Fannie and Freddie to take actions within their power to
Cinnaire Comments on New Equitable Housing Plans for Fannie Mae and Freddie Mac Read More »
