Industry NewsMortgage

OFHEO bumps up caps on Fannie, Freddie loan portfolios

Increases fall short of those advocated by lawmakers, GSEs
Published on Sep 19, 2007

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by CareyBot

Government regulators are giving mortgage repurchasers Fannie Mae and Freddie Mac leeway to buy or securitize an additional $40 billion in home loans during the next six months -- less than increases sought by the GSEs and some lawmakers.

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