(DOWNLOAD) "Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)" by The Law Library # Book PDF Kindle ePub Free
eBook details
- Title: Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)
- Author : The Law Library
- Release Date : January 06, 2018
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 551 KB
Description
The Law Library presents the complete text of the Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition).
Updated as of May 29, 2018
The Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) to establish a duty for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to serve three specified underserved markets—manufactured housing, affordable housing preservation, and rural markets—in order to increase the liquidity of mortgage investments and improve the distribution of investment capital available for mortgage financing for very low-, low-, and moderate-income families in those markets. The Federal Housing Finance Agency (FHFA) is issuing this final rule which specifies the scope of Enterprise activities that are eligible to receive Duty to Serve credit. These activities generally are those that facilitate a secondary market for mortgages related to: Manufactured homes titled as real property or personal property; blanket loans for certain categories of manufactured housing communities; preserving the affordability of housing for renters and homebuyers; and housing in rural markets. The final rule provides a framework for FHFA's method for evaluating and rating the Enterprises' compliance with the Duty to Serve each underserved market.
This ebook contains:
- The complete text of the Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure
 "Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)" by The Law Library # Book PDF Kindle ePub Free){kind=link}