WASHINGTON -- Fannie Mae unveiled a program to help securities firms owned by minorities and women participate in the market for its debt and mortgage-backed securities.
The Federal National Mortgage Association said the 10-point plan, called Access, includes steps to:
* Expand membership in its debt selling groups.
* Increase access to firms to act as dealers for a variety of its mortgage securities products.
* Provide specialized services, including reduction of many of Fannie Mae's entry requirements, to help the firms build market presence.