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Home » Store » News » Groups Want CRA-Eligible Loans in GSE Goals

Groups Want CRA-Eligible Loans in GSE Goals

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The Mortgage Bankers Association and other industry groups strongly urged the Bush administration to set new affordable housing goals for Fannie Mae and Freddie Mac that would match Community Reinvestment Act requirements for banks and thrifts. The MBA joined with the Consumer Mortgage Coalition and the Consumer Bankers Association in calling for increased purchases of CRA-eligible home purchase loans that would be comparable to the rest of the market.
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