Some critics say the underserved markets proposals put forth by Fannie Mae and Freddie Mac don’t focus enough on increasing loan purchases. Fannie Mae and Freddie Mac in May issued draft proposals for boosting financing for certain underserved markets under the Federal Housing Finance Agency’s duty-to-serve requirements. The rule focuses on three specific markets: manufactured housing, rural housing and preserving affordable housing for low- and moderate-income households. The National Low Income Housing Coalition said...