Executives of Fannie Mae and Freddie Mac took pains recently to reassure lenders they are forging ahead this year with programs to help them reach low-income borrowers, despite problems including rising delinquencies.

The entry of low-income households into the market gives lenders "a broader, more profitable way of doing business," said David Glenn, president of the Federal Home Loan Mortgage Corp., or Freddie Mac, at a recent Mortgage Bankers Association conference in New York for senior executives.

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