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Home » Store » Taxable » New HMDA Data Give GSEs Mixed Grades

New HMDA Data Give GSEs Mixed Grades

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Fannie Mae increased its business with African-American or black borrowers by a large 90 percent last year – a level well above fellow GSE Freddie Mac and higher than the rise seen by banks, thrifts and other secondary market investors. That’s one of the findings contained in new Home Mortgage Disclosure Act data released by federal regulators this week. Although the data reflect loans reported by individual lenders and not the GSEs total business,
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