ABA Banking Journal Rules

FHFA finalizes repeal of fair lending rule

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The brief below is a reading aid. The original source material and source link remain the governing reference.

Operational Brief

• FHFA has repealed a 2024 final rule that codified fair housing and fair lending oversight practices for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. • This repeal may impact how these institutions approach compliance with fair lending regulations.

Why It Matters for Texas Credit Unions

The article does not mention Texas or any Texas-specific entities. The rule affects Fannie Mae, Freddie Mac, and Federal Home Loan Banks but does not have explicit relevance to Texas credit unions.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for finance, accounting, and executive teams responsible for regulatory reporting or balance-sheet oversight.

Why this fit: The source language points to financial reporting, capital, or balance-sheet oversight rather than a narrow operational function.

This is site guidance, not a formal determination. ABA Banking Journal and the original source material remain the governing reference.

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Original Source Material

FHFA has repealed a 2024 final rule that codified many of its existing practices and programs regarding fair housing and fair lending oversight of Fannie Mae, Freddie Mac and the Federal Home Loan Banks. The post FHFA finalizes repeal of fair lending rule appeared first on ABA Banking Journal .