FHFA Proposes Rule On Underserved Markets

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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’s final rule addresses feedback expressed by commenters on the Notice of Proposed Rulemaking by refining alignment requirements to assure market participants that the GSEs will maintain.

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Just this week, the Federal Housing Finance Agency (the regulator for Fannie Mae and Freddie Mac) issued its proposed rule concerning its duty to serve “underserved markets” including manufactured.

WASHINGTON – It is going take some time before it comes to fruition, but the Federal Housing Finance. on the GSE’s Underserved Markets Plans. The first session is scheduled for Jan. 25 at the.

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2016-12-13  · . and provides that the Enterprises may propose. a three-year “Underserved Markets Plan” to the FHFA.. on the FHFA’s rule,

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.

Share This Page FHFA Issues Proposed Rule to Serve Underserved Markets December 16, 2015 / Source: Federal Housing Finance Agency The Federal Housing Finance Agency (FHFA) proposed a rule to implement the Duty to Serve provisions of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008.

FHFA Issues Proposed Rule on Fannie Mae and Freddie Mac Duty to Serve underserved markets. updated 7/21/16: The FHFA posted a blog titled Update on FHFA’s Proposed Rule on Duty to Serve Underserved Markets. Link to blog investor update december 15, 2015

Acknowledging the need for swift action to aid the health insurance exchanges, comments on the proposed rule. of insurance markets. Essential community providers (ECPs) are providers that.

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WASHINGTON, May 8, 2017 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: fnma) today submitted its Duty to Serve (DTS) Underserved Markets Plan to the Federal Housing Finance Agency. "We are excited.