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Duty to Serve

Supporting affordable housing and access to credit for very low-, low- and moderate-income households is an integral part of Freddie Mac's mission. Duty to Serve is an important extension of our comprehensive efforts to reach more families in underserved markets across the country. Today these efforts include, among other things, our work to meet our affordable housing goals and our contributions to national affordable housing funds.

In the years ahead, we look forward to continued growth and innovation – and our partnerships with a wide variety of industry stakeholders – to meet the needs of underserved markets with expanded access to manufactured housing, rural housing and affordable housing preservation.

We welcome your input as we look to build upon our current activities outlined below.

Support for Homeownership

Our Home Possible low down payment mortgage – designed for qualified first-time homebuyers and low- and moderate-income borrowers – continues to grow in popularity. Our five percent downpayment option allows people to buy homes with one to four units as well as condos, planned-unit developments and manufactured homes. We have ongoing efforts to expand relationships with active participants in the manufactured housing industry, affordable housing preservation, high needs rural regions and high needs rural populations. And we're exploring pilot programs to determine the best ways to adapt to changing demographics, household formation differences and other considerations that traditional underwriting methods don't typically address. We also finance energy efficient and renewable energy home improvements in many circumstances. Along with the housing counseling provided by our network of 14 Borrower Help Centers around the U.S. and the national Freddie Mac Borrower Help Network, we're helping homeowners avoid foreclosure and helping more people become "mortgage ready" borrowers.

Support for Rental Housing

Freddie Mac Multifamily helps ensure an ample supply of affordable rental housing by purchasing and securitizing mortgages on apartment buildings nationwide. Of its record- setting $56.8 billion in loan purchase and bond guarantee volume in 2016, roughly 90 percent supports rental units for low- and moderate-income households. In addition to conventional and small balance loans, Freddie Mac finances workforce and manufactured housing, as well as senior, student and state- or federally-subsidized properties. The Freddie Mac Green Advantage can be used with our other multifamily loan products to finance energy- and water-saving improvements.

We Want to Hear from You

Each GSE will submit to FHFA a proposed plan – on which the public is invited to provide input – by April 2017. The proposed plans will be posted on FHFA's web site. Our final plan will also be posted here after we have reviewed all comments.

Before our proposed underserved markets plan is made publicly available, we welcome comments on ways we may better serve these markets in general. You may submit comments to us via email. Once you submit your comments you will receive an email confirmation that the submission was successful. If you do not receive a confirmation or have any questions, please contact 1-800-FREDDIE (option 2).

Additional Resources

We Welcome Your Input

Duty to Serve
Submit your comments to us via email. If you do not receive a confirmation email after submission, please contact 1-800-FREDDIE (option 2).

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