WebDec 29, 2016 · Because the goal of the Duty to Serve statute is to increase the amount of investment capital available for mortgage financing for very low-, low-, and moderate-income households, §§ 1282.32(a), 1282.33(a), 1282.34(a), 1282.35(a) of the final rule require the Plans to include activities in each underserved market that serve all three income ... WebDuty to Serve. Through key programs designed to support America’s overlooked and underserved communities, Freddie Mac is bringing much-needed relief to areas that …
FHFA Publishes Modified Fannie Mae Duty-to-Serve Plan
Web2024- 2024 Duty to Serve Plans . Input Questions on the Proposed 20242024 - Plan Activities and Objectives . FHFA requests input from all interested parties on any or all of the following questions to inform FHFA’s review of each Enterprise’s proposed 2024-2024 Plan activities and objectives. 1. WebDuty to Serve FAQ Q1. What is Duty to Serve? Q2. When did Duty to Serve become effective? Q3. How will Duty to Serve affect lenders? Q4. What is manufactured housing? Q5. What … high rise condo for sale philadelphia
Freddie Mac Duty to Serve Underserved Markets Plan
WebMay 4, 2024 · The Federal Housing Finance Agency (FHFA) published the 2024-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS) program. The DTS Plans demonstrate a strengthened commitment to serving manufactured housing, affordable housing preservation and rural housing. WebSep 7, 2024 · Freddie Mac responded: “Freddie Mac appreciates the input of stakeholders as we work toward the objectives set forth in our Duty to Serve plan. The plan builds on our first three-year initiative ... WebDec 18, 2024 · 202-752-5716. WASHINGTON, DC – Fannie Mae (FNMA/OTC) today published its final Duty to Serve Underserved Markets Plan to address the needs of America’s most challenging housing markets. The Plan is informed by public input and feedback from the Federal Housing Finance Agency (FHFA), and complements Fannie … high rise condo for rent