Committing to Do More - Duty to Serve

Duty to Serve - Image of Front Porches

Proposed Duty to Serve Plan Now Available

Our proposed Underserved Markets Plan, required under the Duty to Serve rule, is now available for review and public comment on the Federal Housing Finance Agency's (FHFA) website. Comment period ends July 10, 2017.

Every day, we work to expand access to mortgage credit and affordable housing in all areas of the U.S. And now we’re committing to do even more—in some of the toughest markets in the country.

Duty to Serve Rule

In December 2016, the Federal Housing Finance Agency (FHFA) issued the Duty to Serve Underserved Markets rule. This rule ensures that Fannie Mae continues providing leadership to facilitate a secondary market for and improve the availability of home financing for very low- to moderate-income families in three underserved markets:

  • Manufactured housing – Exploring innovative financing options for one of the largest affordable housing opportunities
  • Affordable housing preservation – Helping keep established properties available as low-cost housing alternatives
  • Rural housing – Supporting the financing of housing for targeted high-needs rural regions and populations

We are committed to addressing the challenges outlined in the Duty to Serve rule, and welcome the opportunity to do more to support underserved markets in a safe and sound manner.

Building on What We Do

Tackling tough housing challenges like those in the Duty to Serve rule is what we do best—demonstrated by all that we’re doing today to expand access to affordable housing through innovative mortgage products, tools, and resources.

Our HomeReady® mortgage offers low down payments and unique underwriting flexibilities. Desktop Underwriter® and Day 1 Certainty help lenders serve more home buyers with confidence. And our Multifamily programs support and sustain affordable rental housing in every market, every day.

What’s Next

As required under the rule, we submitted our draft underserved markets plan to FHFA, proposing the activities we will undertake over a three year period to support housing finance in the designated underserved markets.

FHFA has published our proposed plan on The plan is available for public comment through July 10, 2017. We'll finalize our plans with FHFA during the remainder of 2017, with a planned January 2018 implementation date.

Request for Input

The knowledge, creativity, and collaboration of housing stakeholders is essential for the Duty to Serve planning process.

To submit comments on our proposed Underserved Markets Plan for the public record, visit

If you have a question for Fannie Mae, use this form.