Fannie Mae’s Duty To Serve” Initiative and Indian Country

Fannie Mae’s “Duty-to-Serve” Initiative in Native Country is trying to bring more conventional lending into underserved markets.  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, and;
  • Rural housing – Supporting the financing of housing for targeted high-needs rural regions and populations


Specifically, Fannie Mae seeks to:


  • Conduct research and host roundtables with organizations who have extensive knowledge of Indian Country.
  • Update our Native American Conventional Lending Initiative with new data that demonstrates that conventional lending is possible and practical, and;
  • Focus on ways to increase multifamily rental housing on tribal lands.


If you have any thoughts on how Fannie Mae should approach Native American lending, please leave your comments on FHFA’s Duty to Serve’s page.  The Fannie Mae team reads every single comment.