Fannie Mae unveiled a program that it said would increase home lending in minority and lower-income neighborhoods.

Under the plan, lenders will offer mortgages with low down payments to homebuyers in qualifying neighborhoods and then sell the loans to the agency, formally the Federal National Mortgage Association.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.