FHFA Proposes Rule On Underserved Markets

Director Watt’s proposed rule would perpetuate and. with the new incoming Director of FHFA. We presume that the next Director will share Congress’s desire for a competitive and fair credit scoring.

News Release: FHFA Proposes Rule on Fannie Mae and Freddie Mac Requirements for Underserved Markets (June 1, 2010) Notice of Proposed Rulemaking; Request for Comments: Enterprise Duty To Serve Underserved Markets (June 7, 2010)

Identifying the most relevant issues in each underserved market.. as part of the Agency's consideration of proposed modifications to Fannie Mae and Freddie.

FHFA's Proposed Rule on Enterprise Capital Requirements. sponsored housing enterprises Fannie Mae and Freddie Mac should serve underserved markets.

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The proposed rule creates certain eligible activities that would earn Duty to Serve credits. Under the proposed rule, Fannie Mae and Freddie Mac would be required to submit to the FHFA an Underserved Market Plan covering a three-year period, subject to public review and comment.

FHFA Proposes Rule on Fannie Mae's & Freddie Mac's Duty to Serve. Mac) to facilitate a secondary market for mortgages on housing for very low-, low-,

The agency issued a proposed rule in 2010. in traditionally underserved areas. Both of these rulemakings provide fhfa with an opportunity to ensure that Fannie Mae and Freddie Mac are serving a.

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A coalition of industry trade groups has sent a letter to the leadership of the House Financial Services Committee calling on them to reject a proposed Federal Housing Finance Agency (FHFA) rule that.

FHFA Issues Proposed Rule on Fannie Mae and Freddie Mac Duty to. to serve three specified underserved markets: manufactured housing,

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.

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.

Enterprise Duty to Serve Underserved Markets Final Rule. is: Federal Housing Finance Agency, 400 7th Street, SW., Washington, DC 20219.