FHFA set to end equitable housing finance plans for GSEs
By: Brad Finkelstein | Published: 2025-07-25 21:33:00 | Source: www.nationalmortgagenews.com
The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule, stating it is looking to comply with Pres. Trump’s executive orders. Furthermore, the rule is duplicative, with the laws behind each portion administered by other agencies.
But Jannell Byrd-Chichester, general counsel for the National Fair Housing Alliance and former chief of staff at the FHFA, said the reasoning does not hold water.
“Repeal will harm everyone”
“Let me be clear about this, the fair lending-fair housing label does not mean that this only affects a limited group of people,” Byrd-Chichester said.
It is not just about race or national origin. “This is a big loss for low and moderate income people,
