Community Affairs – Affordable Mortgage Lending Center
About the Affordable Mortgage Lending Center
Mortgage lending is an important element of many community banks’ business strategies. The Affordable Mortgage Lending Center provides easy access for community banks to review the wide array of programs available when considering affordable mortgage lending options, especially for low- and moderate-income borrowers. The Affordable Mortgage Lending Center provides easy access to the program information found in the Affordable Mortgage Lending Guide.
Whether you choose to become a broker/agent, a correspondent selling to an aggregator, or become an approved seller-servicer, the Affordable Mortgage Lending Center explains how each of these options work within a particular program or product.
On the Affordable Mortgage Lending Center you will find program descriptions from the U.S. Department of Housing and Urban Development (HUD) and its Federal Housing Administration (FHA), the U.S. Department of Agriculture’s (USDA) Rural Housing, the U.S. Department of Veterans Affairs (VA), the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund), and Fannie Mae and Freddie Mac, known as Government Sponsored Enterprises (GSEs) in Part I. If you click on Federal Agencies and Government Sponsored Enterprises Programs & Products in Quick Links, you can go directly to the programs and products offered. If you go to the Affordable Mortgage Lending Guide section, you will find the complete publication, Access to Affordable Mortgage Credit, Part I: Federal Agencies and Government Sponsored Enterprises.
In Part II of the Guide, you will find valuable information on State Housing Finance Agencies and other important state resources. If you click on State Links for Housing Finance Agencies in Quick Links, you can go to an individual state or U.S. territory. If you go to the Affordable Mortgage Lending Guide section, you will find the complete publication, Access to Affordable Mortgage Credit, Part II: State Housing Finance Agencies.
In Part III of the Guide, you will find information on the Federal Home Loan Banks and the products they offer. If you click on Federal Home Loan Bank Summaries in Quick Links, you can go to an individual FHLB for specific information about the products and services provided. If you go to the Affordable Mortgage Lending Guide section, you will find the complete publication, Access to Affordable Mortgage Credit, Part III: Federal Home Loan Banks.
Search the Center:
Through an easy-to-use search engine you can put in key words, such as “first-time homebuyer” or “manufactured housing,” and a list of programs that feature these products/populations is provided.
Find data, fact sheets, and other mortgage lending studies from the FDIC and other federal resources. These materials are regularly updated to provide you with the most recent information on affordable mortgage lending trends and practices.
Activities & Events:
Learn about recent affordable mortgage credit activities and events sponsored by the FDIC and federal, state, or local agency partners. FDIC Community Affairs regularly conducts outreach activities, such as workshops and roundtables across the country.
Using the Quick Links, you are just one click away from finding the information you need. Whether you want to know more about a specific mortgage product, a quick reference on product features, or learn more about FDIC Community Affairs, it’s all provided in the Quick Links section.