April 19, 2016
Tuesday’s Regulatory & Legislative Roundup
- New York City has announced a new comprehensive plan with a focus on efficiently assisting the homeless population.
- The House Agriculture Appropriations Subcommittee marked up its Fiscal Year 2017 spending bill, proposing $31 million in increases to the US Department of Agriculture Rural Housing programs.
- The Federal Housing Finance Agency will allow a limited, onetime mortgage principal reduction for borrowers that have fallen behind on monthly payments. This temporarily reverses the policy for Fannie Mae and Freddie Mac.