Fannie Mae, Freddie Mac Launch New Programs to Help Rural Borrowers Maintain, Access Homeownership
June 28, 2018
The government-sponsored enterprises recently intensified efforts to help borrowers in rural areas qualify for a mortgage as part of their “duty-to-serve” markets where credit is scarce. Freddie Mac launched an employment program in high-needs regions and Fannie Mae has a new program targeting owners of manufactured homes.