Rural, manufactured housing prioritized in new FHFA plan
The latest plans include details on promoting housing development in underserved areas and increasing secondary market access to rural institutions.
Farm and rural mortgages
Fannie Mae and Freddie Mac exceeded most 2019 housing goals
But both fell short under the Duty to Serve goals in rural housing.
FDIC advises banks to exercise caution with agricultural loans
To guard against headwinds in the agricultural sector, the Federal Deposit Insurance Corp. recommended that institutions consider the “overall financial status” of farm loan borrowers.
