Comments to the Federal Housing Finance Agency (FHFA) on its Proposed Duty to Serve Rule

2016
|   By
Laurel Blatchford ,
Enterprise Community Partners, Inc.
Report Cover
Summary
Enterprise submitted these comments to the Federal Housing Finance Agency (FHFA) on its proposed Duty to Serve rule, which requires Fannie Mae and Freddie Mac to support certain segments of the mortgage market that are traditionally underserved by private investors.
Description

Enterprise submitted these comments to the Federal Housing Finance Agency (FHFA) on its proposed Duty to Serve rule, which requires Fannie Mae and Freddie Mac to support certain segments of the mortgage market that are traditionally underserved by private investors. The Duty to Serve rule, which was mandated by Congress in 2008, focuses on three specific underserved markets: (1) preservation of affordable housing; (2) manufactured housing; and (3) rural communities.

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