FHFA eyes assumable and portable mortgages, raising questions for lenders
The FHFA is considering an expansion of assumable and portable mortgage options to address housing affordability. While assumable loans have cautious support, portable mortgages face challenges due to their rarity in the U.S. AI Summary
Bill Pulte said this week that the Federal Housing Finance Agency (FHFA) may allow Fannie Mae and Freddie Mac to offer assumable or portable mortgages part of ongoing discussions inside the Trump administration on ways to address housing affordability.