Huntington National Bank, Columbus, Ohio, has announced a renewed alliance with Fannie Mae under which the bank has committed to originate $1.5 billion in mortgage loans for underserved markets over three years and Fannie Mae has pledged to buy the loans.Under the Housing and Community Development Alliance, the bank said it will also develop multicultural marketing strategies to reach underserved markets such as low- and moderate-income families, minority families, new immigrants, woman-headed households, and people with disabilities. The new alliance builds on a previous three-year commitment of $1 billion signed by the bank and Fannie Mae in July 2001. The bank can be found online at http://www.huntington.com.
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