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Home » Store » Taxable » Critics Slam Fannie Over Housing Goal Failure

Critics Slam Fannie Over Housing Goal Failure

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Taxable

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Fannie Mae caught more buckshot from its critics when the GSE revealed that it expects to fall a bit short of the affordable housing goals mandated by the Department of Housing and Urban Development. At issue are the GSE’s new low/moderate-income home purchase subgoal and its underserved areas home purchase subgoal for 2005, which are 45 percent and 32 percent, respectively. …
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