Fannie Mae and Freddie Mac’s Duty to Serve the Manufactured Housing Market: An Update for 2019
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In the United States, manufactured housing residents often struggle to access affordable and quality loan products leaving them out of the opportunity to build wealth. In recognition of this, in 2016 the Federal Housing Finance Agency charged Fannie Mae and Freddie Mac (the Enterprises) with a “Duty to Serve” the traditionally underserved credit needs of low- and moderate-income families in the rural housing, affordable housing preservation, and manufactured housing markets.
Join us for a webinar on Tuesday, February 26th from 2:30 – 4:00 pm ET where you will hear from key staff from both Enterprises who will discuss the progress of their Underserved Market plans in 2018, what is ahead in 2019, and how I’M HOME Network members and other stakeholders can work with the GSEs to meet their obligations under Duty to Serve. The webinar will also include information on single-family and multifamily financing, as the Enterprises have programs serving both individual and community borrowers. We will wrap up the webinar with an audience Q&A.
- Dennis Smith, Freddie Mac
- Corey Aber, Freddie Mac
- Ben Navarro, Fannie Mae
- Jose Villarreal, Fannie Mae
- Kate Davidoff, Prosperity Now