AgentIndustry News

New loan guidance wrong for housing

Mortgage market commentary
Published on Jul 16, 2007

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by CareyBot

On Friday, July 13th (of all days), Fannie Mae and Freddie Mac dropped a bomb on weak home and mortgage markets. The new damage will take time to quantify, but may be considerable. The tale behind the act is clear, and just shy of unbelievable.

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