Nieruchomości i finanse · 17/10/2008

Affordable Housing Program Amendments: Federal Home Loan Bank Mortgage Refinancing Authority

The Federal Housing Finance Agency (FHFA) is issuing an interim final rule to allow the Federal Home Loan Banks (Banks) to refinance low- or moderate-income households' mortgage loans using Affordable Housing Program (AHP) homeownership set-aside funds until July 30, 2010. This rule also establishes a new provision for direct subsidies to low- or moderate-income households through the HOPE for Homeowners Program.