Fannie and Freddie may be graded on how well they support underserved markets

  • The Federal Housing Finance Agency (FHFA) has suggested a plan for government-sponsored enterprises Fannie Mae and Freddie Mac to better support underserved markets.
  • The proposed rule aims to strike a balance between the financial stability of the enterprises and the needs of low-income families.
  • The FHFA is seeking the public's feedback on the rule. All comments are due by March 17, 2016.

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The Federal Housing Finance Agency (FHFA) is seeking public comments on a proposed rule that would require Fannie Mae and Freddie Mac to submit detailed plans for how they support certain segments of the mortgage market that are traditionally underserved by private investors.