Real Estate & Home

FHFA pushes GSEs to embrace chattel loans in Duty to Serve proposal

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The FHFA has proposed an outcome-based framework for Fannie Mae and Freddie Mac's Duty to Serve regulation, emphasizing chattel loans and broadening LIHTC activities. This shift aims to better serve underserved markets through innovation while reducing administrative burdens. Developers should watch how this new approach impacts access to financing for manufactured homes and affordable housing preservation.

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