New Rules for Fannie (Mae) and Freddie (Mac)
In 1993, the two GSEs collectively purchased $543 billion in mortgages, or 70 percent of the . in minority communities, and to low- and moderate-income families. . Congress had crafted and develop new regulations governing the GSEs.
http://www.nhi.org/online/issues/80/fanny.html
HUD's AFFORDABLE LENDING GOALS FOR FANNIE MAE AND ...
Office of Policy Development and Research • Issue Brief No. V. U.S. Department . each GSE's mortgage purchases should be for very low-income families. ( those with . Community Reinvestment Act, more flexible mortgage underwriting, and .
http://www.huduser.org/Publications/PDF/gse.pdf
Do the GSEs Expand the Supply of Mortgage Credit? New Evidence ...
The GSEs were established with the primary goal of facilitating development of an . of the 1992 GSE Act on low income communities, we plot mortgage activity for . Second, mortgage activity is generally higher in higher income communities .
http://www.business.uconn.edu/finance/seminars/papers/Gabriel-Rosenthal-GSE%20Crowd%20Out12-2-09.pdf
GSE Loan Purchases, the FHA, and Housing Outcomes in Targeted ...
of the Department of Housing and Urban Development. (HUD) to . goal), ? Borrowers residing in lower-income communities and borrowers in cer . The GSE act defines lower-income borrowers (for purposes of the low moderate- income . In this paper, we seek to determine whether the GSE mortgage- purchase goals are .
http://www.jstor.org/stable/25067443