Stats Continue to Stoke HUD, GSE Affordable Lending Row
June 24, 2002
Fannie Mae and Freddie Mac have expressed frustration over continuing reports, including a recent Bush administration study, that they lag behind private lenders in helping low-income families and minorities buy homes. Charges of “lagging the market” have been misplaced because they are based on inappropriate comparisons between a market that the two government-sponsored enterprises play in and a larger primary market in which there are segments where the GSEs do not participate at all,