13 Along similar lines, in 1992 the Congress established an affordable housing mission for Fannie Mae and Freddie Mac by directing HUD to create specific mortgage purchase goals for these GSEs.
Though generally we cannot boast any major results, what makes a difference is the perseverance and dedication of key market players to design and take all available measures to further upgrade the financial market in these turbulent times. The National Bank of Serbia is aware of its role of one of the key stakeholders, along with the Government, banks and other financial institutions.