AFREF joined several other civil rights, consumer advocacy and housing organizations in sending a letter a comment letter to the Federal Housing Finance Agency (“FHFA”) in response to their request for comment on their Policy Statement on Fair Lending (“Policy Statement”). The letter emphasizes that FHFA’s fair lending oversight of Fannie Mae and Freddie Mac must ensure access to mortgage credit on fair terms for all creditworthy borrowers, regardless of their race, gender, national origin, disability, familial status, or other protected characteristics, which is essential to closing the homeownership and wealth gaps created by exclusionary federal housing policies and ongoing discrimination in the housing marketplace.
AFREF joined a letter to FHFA urging the Government Sponsored Enterprises (GSEs) to amend the COVID-19 payment deferral and Flex Modification for COVID-19 impacted borrowers to allow deferral and capitalization of escrow shortages.
AFR joined a letter urging Congressional leaders to make sure that policies across the housing continuum are comprehensively included in the Budget Reconciliation Bill, especially those with a strong focus on affordable homeownership.
AFREF joined a letter to comment on HUD’s response to the COVID-19 pandemic through Mortgage Letter 2021-18. The letter calls on HUD to take further steps to ensure that its program operates as intended and that borrowers are able to obtain the relief they need to avoid unnecessary foreclosures.
AFREF, NCLC, CRL and NHLP sent a letter in support of the Improving FHA Support for Small Dollar Mortgages Act. This bill will increase access to sustainable mortgage lending for homebuyers who are buying homes with sale prices under $100,000.
AFREF and 154 organizations sent a letter urging HUD to extend the foreclosure moratorium and deadline to request forbearance for FHA borrowers to give them the best opportunity to sustain homeownership beyond the pandemic.
AFR released housing policy recommendations to promote equitable housing access for all people in the United States, minimize pervasive harm from the COVID-19 pandemic, hold predatory actors accountable, and expand sustainable opportunities in communities of color.