The Federal National Mortgage Association said last week that its purchases of loans made to central city households and those with low and moderate incomes exceeded federal goals last year.

Last year, 45% of the units financed by Fannie Mae were for households with low to moderate incomes, and 30.5% were in central cities. The Department of Housing and Urban Development had set a 30% target for both categories. By definition, half the nation's households have low or moderate incomes.

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