ANNUAL HOUSING REPORT.

SEC. 1324. ANNUAL HOUSING REPORT. (a) In General.—After reviewing and analyzing the reports submitted under section 309(n) of the Federal National Mortgage Association Charter Act and section 307(f) of the Federal Home Loan Mortgage Corporation Act, the Secretary shall submit a report, as part of the annual report under section 1328(a) of this title, on the extent to which each enterprise is achieving the annual housing goals established under subpart B of this part and the purposes of the enterprise established by law. (b) Contents.— The report shall— (1) aggregate and analyze census tract data to assess the compliance of each enterprise with the central cities, rural areas, and other underserved areas housing goal and to deter-mine levels of business in central cities, rural areas, under-served areas, low- and moderate-income census tracts, minority census tracts, and other geographical areas deemed appropriate by the Secretary; (2) aggregate and analyze data on income to assess the compliance or each enterprise with the low- and moderateincome and special affordable housing goals; (3) aggregate and analyze data on income, race, and gender by census tract and compare such data with larger demo-graphic, housing, and economic trends; (4) examine actions that each enterprise has undertaken or could undertake to promote and expand, the„annual goals established under sections 1332, 1333, and 1334, and the purposes of the enterprise established by law; (5) examine the primary and secondary multifamily housing mortgage markets and describe— (A) the availability and liquidity of mortgage credit; 106 STAT. 3955 (B) the status of efforts to provide standard credit terms and underwriting guidelines for multifamily housing and to securitize such mortgage products; and (C) any factors inhibiting such standardization and securitization; (6) examine actions each enterprise has undertaken and could undertake to promote and expand opportunities for first-time homebuyers; and (7) describe any actions taken under section 1325(5) with respect to originators found to violate fair lending procedures.