The mortgage finance space may remain divided on the future of government sponsored enterprises, Fannie Mae and Freddie Mac, but that isn’t stopping the Federal Housing Finance Agency from regularly updating housing goals for the securitizers. In May, the FHFA set new housing purchase goals for Federal Home Loan Banks. The FHFA proposed the housing goals for Fannie and Freddie in February, today the final goals are released. In the latest update (download here), the FHFA is reducing the low-income family refinance goal to 21% from 25%. The FHFA requirements that remain unchanged state that 27% of the total number of mortgages purchased by Fannie and Freddie be low-income family housing. The FHFA defines low-income as less than 80% of the area median income. Another Fannie Mae housing goal is to acquire mortgages that finance at least 177,750 low-income rental units and 42,750 very low-income rental units. Freddie Mac’s goal is for 161,250 low-income rental units and 21,000 very low-income rental units. The disclaimer remains the same: “FHFA does not intend for the enterprises to undertake economically adverse or high-risk activities in support of the goals, nor does it intend for the enterprises’ state of conservatorship to be a justification for withdrawing support from these important market segments.” Write to Jacob Gaffney.