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Stock impact report

Supporting Sustainable Homeownership Through Housing Finance Agency Partnerships [Yahoo! Finance]

Federal National Mortgage Association (FNMA) 
Company Research Source: Yahoo! Finance
NORTHAMPTON, MA / ACCESSWIRE / June 26, 2024 / U.S. Bank Originally published on U.S. Bank company blog Each year, state and local housing finance agencies work to strengthen their communities with homeownership opportunities via Housing Finance Agency (HFA) loans, which help pair credit-qualified borrowers with downpayment and closing cost assistance. HFA loans can open the door to homebuying for first-time and low-to-moderate homebuyers. U.S. Bank partners with more than 40 state and local housing finance agencies to originate and service these loans, stretching geographically from Alaska to Florida. "At U.S. Bank, we've had a long-standing commitment to increase access to sustainable homeownership," said James Coreno, HFA division manager at U.S. Bank. "By partnering with state and local agencies, together we can help address the homeownership and housing issues affecting their state or local area." In some cases, an HFA loan is originated by other local lenders that wor Show less Read more
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