(1) provide stability in the secondary market for residential mortgages;
(2) respond appropriately to the private capital market;
(3) provide ongoing assistance to the secondary market for residential mortgages (including activities relating to mortgages on housing for low- and moderate-income families involving a reasonable economic return that may be less than the return earned on other activities) by increasing the liquidity of mortgage investments and improving the distribution of investment capital available for residential mortgage financing;
(4) promote access to mortgage credit throughout the Nation (including central cities, rural areas, and underserved areas) by increasing the liquidity of mortgage investments and improving the distribution of investment capital available for residential mortgage financing; and
(5) manage and liquidate federally owned mortgage portfolios in an orderly manner, with a minimum of adverse effect upon the residential mortgage market and minimum loss to the Federal Government.
Structure US Code
SUBCHAPTER III— NATIONAL MORTGAGE ASSOCIATIONS
§ 1716. Declaration of purposes of subchapter
§§ 1716–1, 1716a. Repealed. , title II, § 206,
§ 1717. Federal National Mortgage Association and Government National Mortgage Association
§ 1718. Capitalization of Federal National Mortgage Association
§ 1719. Secondary market operations
§ 1720. Repealed. [title IV, § 483(a)], ,
§ 1721. Management and liquidation functions of Government National Mortgage Association
§ 1723d. Transfer of certain functions to Association
§ 1723e. Repealed. [title IV, § 483(a)], ,