On February 6, 2026, the Federal Housing Finance Agency (FHFA) issued a final rule to repeal the Fair Lending, Fair Housing, and Equitable Housing Finance Plans regulation (Part 1293). Part 1293 codified the FHFA’s fair housing and fair lending oversight of the regulated entities, the Enterprise Equitable Housing Finance Plan (EHFP) program, and requirements for the Enterprise to collect a borrower's language preference and housing counseling and homeownership education information.
In July 2025, FHFA published a proposed rule to repeal Part 1293 in accordance with Executive Order 14219, which directed federal agencies to rescind, as appropriate, regulations determined to be inconsistent with law or certain Administration policies on how statutory authority should be administered. The FHFA determined that the existing statutory requirements for the Enterprises and Banks to promote access to credit in underserved markets are sufficient, making the additional regulations in part 1293 unnecessary. In addition, FHFA found that repealing Part 1293 would align with Administration policies by promoting prudent fund expenditure, reducing regulatory burdens, clarifying agency roles, eliminating redundant authority statements, and streamlining regulatory practices.
The final rule can be found here.