June 24, 2002 <p> Analysis of twenty large metropolitan areas shows that the spatial distribution of purchases made by Fannie Mae and Freddie Mac in support of the Low and Moderate- Income Housing Goal does not match the spatial distribution of low- and moderate-income households that apply for or...</p>

Even though the GSEs, Fannie Mae and Freddie Mac, meet their low-income related housing goals in aggregate, the spatial distribution of their loan purchases within metropolitan areas does not closely match the spatial distribution of households qualified to borrow under the goals. Tracts located...