How does Fannie Mae support affordable housing initiatives?

Asked 6 months ago
Fannie Mae supports affordable housing initiatives by providing liquidity to the mortgage market, increasing access to funding for low and moderate-income borrowers. They do this by purchasing and securitizing mortgage loans made by lenders to these borrowers, allowing lenders to extend credit to more potential homeowners. Fannie Mae also offers flexible mortgage products and educational resources to help increase homeownership opportunities for underserved communities. Additionally, they partner with nonprofit organizations to create and preserve affordable rental housing units. Through these efforts, Fannie Mae strives to promote sustainable homeownership and rental housing options for individuals and families with limited financial means.
Answered Nov 1, 2023

Need further help?

Type out your followup or related question and we will get you an answer right away.

Need to call Fannie Mae?

If you need to call Fannie Mae customer service, now that you have the answers that you needed, click the button below. You can either call them on your phone or use our free AI-powered phone to dial for you, get a rep for you, and more.
Call Fannie Mae

Fannie Mae

Find a list of many popular Fannie Mae questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Call Fannie MaeFannie Mae Customer Service FAQAsk a Question
Was this page helpful?
Thank you and please share!
Thank you and please share!
Needs work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!