Fannie Mae and Freddie Mac are asking federal Community Reinvestment Act enforcers to reconsider current regulations that bar institutions from obtaining lending- and investment-test credits on loans they originate or purchase and later securitize for CRA investment purposes. Under current CRA regulations, originated or purchased loans to lower- and moderate-income individuals are given credit under the lending test, while purchased securities backed by such loans are credited under the investment test. It is one of