FHFA Approves Fannie Mae and Freddie Mac’s Underserved Markets Plans for Duty to Serve Program

Monday, December 18, 2017
Federal Housing Finance Agency

Today the Federal Housing Finance Agency (FHFA) approved Fannie Mae's and Freddie Mac's Underserved Markets Plans for 2018-2020. Under the Duty to Serve (DTS) program, the FHFA required each Enterprise to adopt a three-year Underserved Markets Plan that aims to increase the liquidity of mortgage financing to families with very low to moderate incomes in three underserved markets: rural housing; manufactured housing; and affordable housing preservation markets.