FHFA adds incentives to go the extra mile in duty to serve

Making sure the FHFA’s duty to serve regulations help underserved housing markets. And FHFA has said the GSEs will be given "extra credit" for activities that promote "residential economic diversity." But ensuring the rule will have the impact the FHFA, as well as those who authored the statute, desire, will require patience and cooperation from others.

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An employee who owns a share of the business, or just a few animals or acres, is far more likely to go the extra mile for the operation. For example, very few people leave their own gates open. bonuses: A gift given occasionally to reward exceptional performance or for special occasions.

FHFA Releases Final "Duty to Serve" Rules for Fannie Mae and Freddie Mac. For each of the above activities, FHFA will award extra Duty to Serve credit for those that promote "residential economic diversity," meaning it either improves access to high-opportunity neighborhoods or creates mixed-income housing in areas of concentrated poverty.

– Napoleon Hill quotes from BrainyQuote.com "You can start right where you stand and apply the habit of going the extra mile by rendering more service and better service than you are now being paid for."

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June 7, 2017 Mr. Mel Watt Director Federal Housing Finance Agency 400 7th St SW Washington, DC 20024 RE: Comments on the Duty to Serve Evaluation Guidance 2018-2020 Plan Cycle CFED is pleased to submit comments to the Federal Housing Finance Agency (FHFA) on the FHFA’s Duty to Serve Evaluation Guidance for the 2018-2020 Underserved Markets Plan (UMP) Cycle.

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