FHFA Final Rule Amends GSEs’ ‘Duty to Serve’ Regulation for ‘Colonias’

The Federal Housing Finance Agency on Wednesday published a final rule to amend the Duty to Serve Underserved Markets regulation for Fannie Mae and Freddie Mac. The final rule allows Fannie Mae and Freddie Mac’s activities in all colonia census tracts to be eligible for Duty to Serve credit.