Industry News

New housing goals finalized for Fannie, Freddie

Cos. to increase purchases of loans held by low-income families
Published on Nov 1, 2004

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by CareyBot

The U.S. Department of Housing and Urban Development has finalized a rule that will require the nation’s two largest housing finance companies to increase their purchase of mortgages for low- and moderate-income families and underserved communities. The new final rule ...