Introduction by Peter J. Wallison at 6/9/2003 "Are Fannie Mae and Freddie Mac Meeting Their Obligations?" event.

As government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac are subject to Department of Housing and Urban Development (HUD) regulations that require them to foster the growth of low-income and minority home ownership. Over the years, many studies have questioned whether the performance of these GSEs has been satisfactory...