Effectiveness of HUD's Housing Goal Incentives for Freddie Mac and Fannie Mae: Small Multifamily and Certain Single-Family Rental Properties

摘要

HUD is currently the mission regulator for Freddie Mac and Fannie Mae, government sponsored enterprises (GSEs) in the secondary mortgage market. Mission regulation involves: review of new program requests, to determine whether or not such programs are authorized by the GSEs charters, and, if authorized, whether such programs would be in the public interest; periodic review and comment on the GSEs underwriting guidelines, including their automated underwriting systems; general regulatory authority; review of the GSEs activities to make certain that they are consistent with the Fair Housing Act; and establishment of affordable housing goals for the GSEs.