HUD Secretary Andrew Cuomo is said to favor raising the bar for affordable-housing goals for Fannie Mae and Freddie Mac, and a battle over these initiatives appears to be brewing.

So far these goals, in place since 1992, have contributed to increased efforts in such areas as multifamily securitization, in Community Reinvestment Act securitization, in high loan-to-value lending as well as an increased interest in the subprime market.

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