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Preserving and Strengthening Access to Stable, Affordable, and Equitable Homeownership Opportunities for All American Families

September 4, 2019
Mortgage Lending
Letters to Congress

From the letter to the director of the National Economic Council, Lawrence Kudlow:

As you consider proposals to restructure our nation’s housing finance system as required by the March 2019 Presidential Memorandum,1 the undersigned civil rights organizations write to express our collective view that any effort to comprehensively reform Government Sponsored Entities (GSEs)—Fannie Mae and Freddie Mac—must recognize the importance of preserving and strengthening access to stable, affordable, and equitable homeownership opportunities for all American families. We view failure to maintain these goals in any forthcoming proposals, including but not limited to the report mandated by the Presidential Memorandum, as antithetical to meaningful and comprehensive housing finance reform, and stand ready to vehemently oppose any such efforts.

Download the full letter.