Letters to Regulators: Comment Letter to FHFA on Language Access, Fair Lending Oversight, and EHF

View or download a PDF of the letter here.

The Language Access Task Force of Americans for Financial Reform (AFR) submits the following comments in strong support of the Federal Housing Finance Agency (FHFA)’s Notice of Proposed Rulemaking on Fair Lending Oversight and Equitable Housing Finance. We strongly support all major components of the proposed rule, including the decision to codify the requirement that the Enterprises create and maintain Equitable Housing Finance (EHF) plans. With proper structure and clear guidelines, the Equitable Housing Finance plans can be a powerful tool to ensure our conventional mortgage market works to narrow our country’s racial wealth gap instead of widening.