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the members of the LIHTC Working Group, we respectfully submit our comments on the Federal housing finance agency (FHFA) Proposed Rule on Enterprises Duty to Serve Underserved Markets (Proposed Rule). This proposed regulation implements the duty for the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage.
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.
FHFA Proposes Rule on GSEs’ Duty to Serve Low Income Markets on December 15, 2015 Mortgage , Newsbytes The Federal Housing Finance Agency today proposed a rule that would require Fannie Mae and Freddie Mac to submit plans for improving the distribution and availability of safe and sound residential mortgage financing in underserved markets.
Earlier today the Federal Housing Finance Agency (FHFA) released its proposed "Duty to Serve" rule, which would require the government-sponsored enterprises (gses) Fannie Mae and Freddie Mac to support housing for lower income families in three underserved segments of the housing finance market: manufactured housing, affordable housing preservation, and homeownership opportunities in rural.
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FHFA Proposes Rule on Fannie Mae and Freddie Mac Requirements for Underserved Markets . Washington, DC – The Federal Housing Finance Agency (FHFA) has sent to the Federal Register a proposed rule implementing provisions of the Housing and economic recovery act of 2008 (HERA) that establish a duty for Fannie Mae and Freddie Mac (the Enterprises) to
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· FHFA Proposes Rule on GSEs’ Duty to Serve Low Income Markets on December 15, 2015 Mortgage , Newsbytes The Federal Housing Finance Agency today proposed a rule that would require Fannie Mae and Freddie Mac to submit plans for improving the distribution and availability of safe and sound residential mortgage financing in underserved markets.
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Watt, in his prepared remarks, recounted to committee members some of the efforts of FHFA. market. During the Q&A portion of the testimony, he indicated that no decisions have been made yet. The.
The Federal Housing Finance Agency (FHFA) recently issued a proposed rule on a method for evaluating and rating Fannie Mae and Freddie Mac’s compliance with the "duty to serve" underserved markets, including manufactured housing, affordable housing preservation and rural housing.