Industry News

Congress OKs stimulus bill, loan limit increase

Fannie, Freddie to venture into jumbo loan territory
Published on Feb 8, 2008

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by CareyBot

Bush administration officials renewed their calls for Congress to pass legislation tightening oversight of Fannie Mae and Freddie Mac Thursday, as Congress signed off on a plan to allow the companies to guarantee or purchase loans that exceed the $417,000 ...

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