Items Tagged with 'rural or underserved list'

ARTICLES

  • FHFA makes it official: Fannie, Freddie required to open credit box to "underserved"

    FHFA unveils final "Duty to Serve" rule
    Eight years after the passage Housing and Economic Recovery Act of 2008 mandated that Fannie Mae and Freddie Mac increase lending to three specific “underserved” markets, the Federal Housing Finance Agency announced Tuesday that the government-sponsored enterprises must work to open the credit box for certain very low-, low-, and moderate-income families.
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  • Here's the updated CFPB list for rural and underserved counties in 2017

    Check to see if it applies to your business
    The Consumer Financial Protection Bureau’s official “rural or underserved” and “rural” counties lists are out. While the list might bear no meaning for some, it can significantly alter the way other lenders originate mortgages. Check out the lists to see if it impacts the way you conduct business.
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