Industry NewsMortgage

Fannie, Freddie boosted commitments in March

GSEs take advantage of more leeway from regulators
Published on Apr 28, 2008

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by CareyBot

Government-chartered mortgage funders Fannie Mae and Freddie Mac said contracts to buy mortgages were up sharply in March after regulators reduced the companies' minimum capital requirements, increasing their purchasing power by $200 billion.

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