Some mortgage originators who specialize in lending to home buyers with less-than-pristine credit histories may be squeezed out of the market if Fannie Mae and Freddie Mae begin securitizing B- and C-level loans.

The secondary mortgage market entities both acknowledged that recently placed Department of Housing and Urban Development 30/30 goals, which require increased lending to low- to moderate-income home buyers and in central city areas, may be hard to reach--particularly interim 1993 goals.

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