FHFA Proposes Rule On Underserved Markets

The Federal Housing finance agency (fhfa) earlier today published Fannie Mae’s modified Underserved Market Plan for 2018-2020. Fannie Mae pledges in the new plan to substantially increase its Housing Credit equity investments for properties located in rural areas over the three-year period.

WASHINGTON – The Federal Housing Finance Agency is planning to issue a final rule in the next 12 months to require Fannie Mae and Freddie Mac to better serve underserved markets, including.

which will promote liquidity and efficiency in the secondary mortgage market," Joseph Otting, the FHFA’s acting director, said in a statement. The final rule takes into account feedback the agency.

Captive insurers should remain a part of the FHLBs’ membership base because they help support the U.S. housing market, which is the system. collateral such as mortgages. The FHFA said other.

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26In December 2015, FHFA issued a proposed rule to implement. volume of purchased loans in each underserved market relative to the.

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Fannie Mae and Freddie Mac may soon be made to offer mortgages for homes in ‘underserved markets.’ A new rule, introduced Tuesday, requires the Federal Housing Finance Agency (FHFA) by federal law.

The Federal Housing Finance Agency (FHFA) has posted a proposed new rule for comment that seeks to provide greater access to affordable housing for three underserved markets. The rule would.

Qualifying activities that promote residential economic diversity in one or more underserved markets would also receive Duty to Serve credit. FHFA invites interested parties to submit comments on all aspects of the proposed rule within 90 days of publication in the Federal Register via FHFA.gov. (The proposed rule was published on 12/18/2015.

On Monday, Fannie Mae and Freddie Mac released their proposed Duty to Serve (DTS. Freddie Mac’s plan, as well as Fannie Mae’s dts underserved markets plan, have been submitted to the FHFA for.

The Federal Housing Finance Agency (FHFA) today announced it is seeking comments on a proposed rule to require Fannie Mae and Freddie Mac to serve three specified underserved markets: manufactured housing, affordable housing preservation and rural markets.. The proposed rule would require Fannie Mae and Freddie Mac to reach out to these communities that have traditionally been underserved by.