WASHINGTON – The regulator for U.S. housing finance giants Fannie Mae and Freddie Mac said on Friday it wants the two firms to provide more support to low-income Americans taking out mortgages and refinancing their loans.
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The Federal Housing Finance Agency (FHFA) said the proposed increase was part of its goals for housing finance between 2015 and 2017.
For details on FHFA's housing finance goals, please see:
http://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Proposes-2015-2017-Housing-Goals-for-Fannie-Mae-and-Freddie-Mac.aspx (Reporting by Jason Lange; Editing by Chizu Nomiyama)