Trump Admin Targets Key Policy for Closing Gaps in Access to Home Loans and More More and more banks have been creating special purpose credit programs to help “economically disadvantaged” individuals ...

Loans through special-purpose credit programs also service low- to middle-income borrowers but tend to focus on people looking to buy a house in a specific community.

The commission cites the 2024 Covenant Homeownership Program Study as empirically justifying its "race-conscious" special purpose credit program, but it's unlikely to pass strict scrutiny.

The KeyBank Neighbors First Crediti is a Special Purpose Credit Program that provides $5,000 toward closing costs and other pre-paid fees that may come with financing a new, owner-occupied home to ...

There are programs to help buyers with readiness. The National Association of Real Estate Brokers is hosting a Wealth-building workshop as part of a 100-city tour on April 12th. Learn more here.

On March 25, it was reported on social media that FHFA Director William Pulte signed an order terminating the Special Purpose Credit Programs (SPCPs) previously covered by Fannie Mae and Freddie Mac.

"Special Purpose Credit Programs (SPCPs) from Fannie Mae and Freddie Mac have long been a tool leveraged by lenders across the country," HOME founder and CEO Rogelio Goertzen and a former account ...

The KeyBank Home Buyer Credit is one of three special purpose credit programs 2 (SPCPs) from KeyBank. The KeyBank Neighbors First Credit 3, provides up to $5,000 in credits toward closing costs and ...

Trump administration’s termination of special purpose credit programs will also impact Hispanic borrowers, NAHREP leader says March 27, 2025, 1:04pm by James Kleimann News > Mortgage ...

Tim Burniston emcees April 26 “Special Purpose Credit Programs" webinar featuring experts from the CFPB, Freddie Mac, Citi and Skadden Arps.

FHFA makes changes to climate risk, radon inspection policies Directives come on the heels of changes to UDAP, special purpose credit programs March 27, 2025, 2:41pm by James Kleimann News > Mortgage ...