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.

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President Trump proposes 50-year mortgage option to address housing affordability crisis with costly long-term risks