FHLBank of San Francisco Receives Affordable Housing Program Waiver To Aid Owners Facing Foreclosure

摘要

The Federal Housing Finance Board (FHFB) has approved a waiver of its affordable housing program (AHP) homeownership set-aside regulations to enable the Federal Home Loan Bank of San Francisco to develop a pilot program to aid homeowners facing foreclosure on subprime or nontraditional adjustable-rate mortgages (ARMs).