MBA Launches Upgraded CONVERGENCE Site

The Mortgage Bankers Association announced a revamped version of the CONVERGENCE section of its website, aiming to benefit its members and a broader audience.

Ginnie Mae Outlines Plan to Fight Housing Costs, Boost Housing Supply

Ginnie Mae on Wednesday said it will take on a larger role in HUD’s efforts to fight rising housing costs and boost housing supply, releasing a Fact Sheet outlining its efforts to drive liquidity toward equitable and affordable housing.

Administration Announces Steps to Increase Affordable Housing Supply

The Biden Administration on Wednesday announced a number of steps aimed at creating, preserving and selling to homeowners and non-profits nearly 100,000 additional affordable homes for homeowners and renters over the next three years, with an emphasis on the lower and middle segments of the market.

FHFA Holds GSE Affordable Housing Goals Steady

The Federal Housing Finance Agency on Wednesday announced its 2021 affordable housing goals for Fannie Mae and Freddie Mac will remain the same as they were in 2020. It also seeks input about future housing goals rulemaking.