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Home » Store » News » GAO Finds Limited Effectiveness of Housing Goals

GAO Finds Limited Effectiveness of Housing Goals

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The Government Accountability Office has found Fannie Mae’s and Freddie Mac’s satisfaction of their affordable housing goals had a marginal positive impact on improving affordable housing. “While the enterprises’ numeric housing goal mortgage purchase program has been in place for more than 10 years, its effectiveness in supporting homeownership opportunities for targeted groups and areas...
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