is an avid supporter of increased minority homeownership. The Office of Fair Housing
and Equal Opportunity carefully monitors the programs of other HUD offices, as
well as the work of GSEs (government sponsored enterprises) to ensure that policies
are being followed to progress toward an increase in numbers of minority homeowners.
Policies and procedures are examined to be sure they do not discriminate or bring
about a negative impact against minorities in pursuit of homeownership
as the mission regulator for government-sponsored enterprises (GSEs) in the secondary
mortgage market, HUD continues to promote efforts to increase the number of minority
and low to moderate-income families working to achieve homeownership Fannie Mae
and Freddie Mac, the two largest sources of housing finance in the United States,
have been subject to a number of goals associated with mortgage lending to low
income families. Read
more about these goals.
more information on analysis
and effects of these goals on low and moderate-income families.
to read more studies and information on HUD's involvement in influencing policy
Know about Mortgage Lending Discrimination in America 1999