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Setting Goals For Affordability – FHFA Finalizes Three Year Housing Goal Targets
Sunday, September 27, 2015 5:42
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from the CoreLogic
– this post authored by Stuart Quinn
On August 19, 2015 the Federal Housing Finance Agency (FHFA) released their final rule on affordable housing goals. The FHFA took into consideration over 100 comments from a diverse set of market participants; however, the final rule did not deviate far from what was initially proposed. The balance between setting the bar too high or too low is incredibly important as it can have significant consequences during unexpected macroeconomic cyclicality.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201509270724
