Fannie Mae Requests Changes in Duty to Serve Plans

Home / Blog / Fannie Mae Requests Changes in Duty to Serve Plans

Posted To: MND NewsWire

Nearly two years ago the Federal Housing Finance Agency (FHFA) approved Underserved Market Plans from Fannie Mae and Freddie Mac. These plans, part of FHFA's Duty to Serve mandate to the two GSEs, set forth their plans for serving three specific markets, manufactured housing, affordable housing preservation, and rural housing, by increasing the liquidity of mortgage investments and improving the distribution of capital available for mortgage financing for very low-, low-, and moderate-income families in the three markets. The plans went into effect at the first of the year, and the GSEs have used them to set several programs in motion. Most recent was last week's announcement from Freddie Mac of an intent to expand mortgages available to shared equity housing arrangements. FHFA is now requesting...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

e8c346de 1438 475e 8209 dd5cb09e389e 1b45c962 9851 454f b547 cf828f2cb58c a2f55ce7 dffe 4494 b7ce ddd29549b68a c81666ee 9d41 43a4 a8d0 5272e7afa851 bda21852 2758 4393 bbef e20705e0d678 8308eafb 39d6 4f72 a809 9150a47b7a92 24e8ef86 2b1d 464c b074 316b942d0740 a5104f54 1da8 4980 93d4 106c7fc7b0e9 0c8e65e9 9c9b 4c5a 8a25 498291eb6387 3b4bba27 e402 44be a0fb a921214a246d b85a8cc1 b77a 4924 83d2 9ccdd2d399d5 00c9e8ce 7c62 4772 b4a3 947714f4a223 20b06c27 355d 45e2 98b3 00ce1299e838 3e9348c2 cecf 488c b31e dae54150be8d f7318d77 b53d 46ff 89e8 ad730a2cbc8d 713f1be6 dcb8 4888 8d63 bdf83894a101 9dbe62de 1587 4e10 97f1 34d9c67d0e9c 63ab3e09 7599 43c3 a8a0 f8830312e29f bdac63c2 79ee 4bd8 a79e 14f55a75a5ed 6ecab15d 35d2 4959 94d9 1427a4afc618 26a8e26d 96cb 46c9 a79b 5af150347e9f 912498fe d39c 42c1 8c1a a4a11a7ff08b f7870218 e11e 4cea 8ce1 110207a2bbbf