Industry News

Congressman calls for 6-month increase in GSEs’ portfolios

Fannie, Freddie would buy up refis for subprime borrowers
Published on Oct 12, 2007

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by CareyBot

Saying he doesn’t want to derail legislation intended to strengthen oversight of Fannie Mae and Freddie Mac, Rep. Barney Frank said Thursday he will introduce a bill raising limits on the mortgage repurchasers’ loan portfolios — but only for six ...