MM Money

Expanding The American Dream Commitment

Excerpt: The American Dream Commitment® 2003 Report (PDF) underscores Fannie Mae's commitment to working with our partners to tackle the nation's toughest housing problems. This includes pledging to increase minority homeownership rates, expanding access to homeownership for millions of first-time home buyers, streamlining the mortgage process with groundbreaking technology, creating housing opportunities for underserved communities, collaborating with the housing industry to revitalize neighborhoods in cities across the country, and much more.

The American Dream Commitment® 2003 Report (PDF) underscores Fannie Mae's commitment to working with our partners to tackle the nation's toughest housing problems. This includes pledging to increase minority homeownership rates, expanding access to homeownership for millions of first-time home buyers, streamlining the mortgage process with groundbreaking technology, creating housing opportunities for underserved communities, collaborating with the housing industry to revitalize neighborhoods in cities across the country, and much more.

Delivering the American Dream: 1994-2004

Over the last 10 years, Fannie Mae has worked with the mortgage and housing industries to:

- use technology to lower costs;
- streamline and establish flexibilities in the underwriting process;
-create innovative products that serve a broad range of consumers;
-implement guidelines for consumer mortgage rights;
-fight housing discrimination;
-provide funding and support for the development of quality affordable rental housing; and
- help build American communities.

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