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Home » Store » Taxable » GSEs May Have to Trade Profits for Goals, HUD Says

GSEs May Have to Trade Profits for Goals, HUD Says

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Fannie Mae's and Freddie Mac's regulatory housing goals might not align with the GSEs' desired profit margins, but that should not prevent them from directing more resources at the affordable housing market, a top Department of Housing and Urban Development official said this week. “The GSEs have seen their mission as [simply] meeting the goals,” HUD Assistant Secretary John Weicher said during a conference call with reporters. “Beyond that, I think the goals categories
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