Industry NewsMortgage

Fannie asks regulators to raise cap on lending portfolio

Bush says GSE reform bill must come first
Published on Aug 10, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Fannie Mae has asked federal regulators to raise a cap on its mortgage loan portfolio that was put in place in the wake of management and accounting scandals -- a move President Bush says he won't consider until Congress passes legislation overhauling oversight of Fannie and Freddie Mac.