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A federal district court in Washington State denied a claim for a preliminary injunction in a lawsuit to halt a special-purpose credit program aimed at addressing racial disparities in homeownership rates  Processing Content Nonprofit advocacy group Foundation Against Intolerance and Racism first filed suit in late 2024 against the Washington State Housing Finance Commission. Founded […]

The Government Accountability Office has issued new warnings about the public sector’s exposure to nonbank mortgage risks and said the Federal Housing Finance Agency and Ginnie Mae have agreed to do more to manage them. Processing Content The GAO indicated the nonbank share of the secondary mortgage markets that the FHFA oversees as conservator and