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Home » Store » News » Fannie, Freddie Face New Duty-to-Serve Mandate

Fannie, Freddie Face New Duty-to-Serve Mandate

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The Federal Housing Finance Agency has issued a proposed rule that would impose new “duty-to-serve” requirements for Fannie Mae and Freddie Mac as part of its implementation of the Housing and Economic Recovery Act. Given the spotty record the GSEs have had on their affordable housing goals in recent years, their odds of success in satisfying the new mandate...
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