Feds give Fannie, Freddie access to capital Premium Content

Crisis in confidence not affecting mortgage markets

Inman News®

Fears that the government might have to bail out Fannie Mae and Freddie Mac have sent the companies' share prices plummeting, but the turmoil in financial markets hasn't translated into higher mortgage rates or tightened underwriting standards.

A contingency plan announced by federal regulators Sunday to provide Fannie and Freddie with access to more capital is aimed at calming investors in the companies, and the crisis may ultimately have little impact on mortgage lending or the housing downturn, analysts said.

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year

Buy Now

Share with REmessenger