Architectural details of modern apartment building.

EXCERPT: “A potential reduction in federal backing for home loans issued to underserved borrowers as a result of ongoing GSE reform efforts is likely to decrease lending in these communities, according to an expert panel. The possible impacts on taxpayer protections and appropriate borrower access are less clear. The FHFA Duty to Serve Program and single-family/multifamily affordable housing goals instruct government-sponsored entities (GSEs) Fannie Mae and Freddie Mac to purchase a set amount of mortgages held by lower-income families and/or originated in minority, low-income or underserved communities. These mandates are now a key focus of the re-emerging GSE reform debate.” FULLSTORY: