Blog Post
Feb12

President’s FY 2019 Budget Request Would Cut Funding, Eliminate Programs

This morning the administration released the president’s fiscal year (FY) 2019 budget request, which proposes dramatic cuts to housing and community development programs across agencies, including the Department of Housing and Urban Development, the USDA Rural Housing Service, and the Department of Treasury.
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Blog Post
Feb15

Policy Focus: Supporting Renters

This is part four of a five-part series highlighting Enterprise's key policy areas in 2017. Senior leadership in Congress and President Trump’s nominee for Treasury Secretary, Steven Mnuchin, have identified housing finance reform as a priority for the 115th Congress. Specifics have not been released, but the legislation will likely build on the PATH Act, which passed the House Financial Services Committee in 2013.
Blog Post
Mar16

Enterprise Comments on FHFA’s Proposed “Duty to Serve” Rule for Fannie Mae and Freddie Mac

Today Enterprise submitted comments to the Federal Housing Finance Agency (FHFA) on its proposed Duty to Serve rule, which requires Fannie Mae and Freddie Mac to support certain segments of the mortgage market that are traditionally underserved by private investors.
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Blog Post
Jan28

Takeaways from the House Financial Services Hearing on FHFA

Over the course of four hours, lawmakers from both sides of the aisle grilled FHFA Director Mel Watt on an array of policy changes at the agency over the past year, including an expansion of Fannie and Freddie purchases of low-down-payment mortgages and the decision to begin funding the Housing Trust Fund and the CapitalMagnet Fund.Below is a summary of the top issues discussed at the hearing, along with a few key facts to keep in mind about each policy.
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