Letter: USMI Submits Comment Letter for FHFA’s NPR on “Fair Lending, Fair Housing, and Equitable Housing Finance Plans”

June 28, 2023

USMI submitted a letter to the Federal Housing Finance Agency (FHFA) to provide feedback on the agency’s Notice of Proposed Rulemaking (NPR) on “Fair Lending, Fair Housing, and Equitable Housing Finance Plans.” USMI fully supports enforcement of fair lending and fair housing statutes and regulations to ensure that all home-ready consumers, regardless of race, ethnicity, gender, age, or other protected class, have access to mortgage financing. USMI specifically commented on the proposed requirements concerning the government-sponsored enterprises’ (GSE) Equitable Housing Finance Plans and provided observations and recommendations on the following topics: (1) evaluation of the the GSEs’ plans; (2) stakeholder engagement; and (3) faithful implementation of the Prior Approval for Enterprise Products Final Rule. Click here to read the letter.