At a time when housing prices remain stubbornly high, Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), are proposing new initiatives to make housing more affordable for everyday Americans. But while many of these initiatives propose thoughtful solutions to the nation’s housing affordability challenges, there is one proposed initiative that has been flying under the radar with tremendous negative implications for the broader housing market and particularly underserved communities.
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