U.S. moves to free up funds for mortgages (Los Angeles Times)
Story date: 2008-03-19 01:50:16
Added on: 2008-03-19 14:00:19
Federal regulators relax capital requirements for Fannie Mae and Freddie Mac, the two government-sponsored mortgage giants. The move could add $200 billion to the pool used to make home loans. In an effort to make home loans cheaper and easier to get, federal regulators announced today that they were relaxing capital requirements for government-sponsored mortgage giants Fannie Mae and Freddie ...
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