HUD Aims to Boost Homeownership for Buyers With High Student Loans

Wall Street Journal, June 18, 2021–Andrew Ackerman (subscription)
The Federal Housing Administration is relaxing the way it assesses student-loan debt when weighing eligibility for homebuying assistance as the Biden administration pushes to help lower-income borrowers and narrow a racial gap in homeownership. The change is a victory for groups such as the Mortgage Bankers Association, which say the current policy has placed unfair constraints on home buyers.