Fannie Mae and Freddie Mac met their single-family and multifamily affordable housing goals in 2019, according to the Federal Housing Finance Agency’s Annual Housing Report 2020, released last week. FHFA determined the Enterprises’ purchases of mortgages exceeded the benchmarks for all the 2019 housing goals. The report also concluded both Enterprises complied with their 2019 Duty-to-Serve requirements in all three underserved markets (manufactured housing, preservation and rural housing).
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