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The Federal Housing Finance Agency is asking for inputon its chattel loan pilot initiatives for Fannie Mae and Freddie Mac by Feb. 17 and on its proposed evaluation guidance under the final duty-to-serve rule by May 15.

The FHFA issued its final duty-to-serve rule in December. In a win for NAFCU and its members, the final rule counts chattel loans secured by personal property as an eligible activity toward the now-required service to manufactured housing, affordable housing preservation and rural housing markets.

Under the final rule, the government-sponsored enterprises will give credit for activities undertaken related to financing manufactured housing units titled as real estate property and chattel loans secured by personal property. NAFCU had urged in its comment letter that FHFA revise its proposalto allow credit unions that have experience making chattel loans on manufactured housing to be eligible for duty-to-serve credits.

The agency is also seeking public commenton its proposed evaluation guidance, released this month, which communicates FHFA's expectations regarding the process for developing the GSEs' underserved markets plans and the process by which FHFA will evaluate their achievements under their plans each year.

FHFA requests input through its dedicated web page.

NAFCU last week issued its Final Regulationon the FHFA's duty-to-serve rule.