Fannie Mae, Freddie Mac and the future of American homeownership
September 30 @ 11:00 am - 3:00 pm EDT
The Federal Housing Finance Agency (FHFA) announced on Tuesday that Fannie Mae and Freddie Mac will submit plans by the end of this year to reduce racial disparities in housing finance. FHFA’s announcement makes it clear that these plans must include serious measures to provide for equity in housing finance, potentially changing the focus and scope of housing finance policy for a generation.
On Thursday, September 30, from 11 a.m. to 3 p.m. ET, NHC and the Homeownership Alliance will co-host a forward-looking online convening to discuss the Enterprises’ role in affordable homeownership, the implications of FHFA’s announcement, near-term reforms in housing finance, and how we can collectively close the racial homeownership gap. The convening will open with a 45-minute conversation between FHFA Acting Director Sandra Thompson and NHC President and CEO David Dworkin. This will be followed by presentations and panel discussions from industry and government experts on closing disparities in homeownership, particularly in communities of color, and maintaining a sustainable mortgage market.