Monday, May 8, 2017

Fannie, Freddie release official strategy to serve underserved markets

Fannie Mae and Freddie Mac released their three-year plans for Duty to Serve Underserved Markets. Now, the FHFA is asking for feedback from the industry. The Duty to Serve program, mandated by the Housing and Economic Recovery Act of 2008, requires the GSEs to lay out their plans to serve three specified, underserved markets to deliver more affordable housing.

from Byrd Mix via byrd memphis developer

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