The Office of Federal Housing Enterprise Oversight (OFHEO) announced Wednesday that it would lift the restrictions on Fannie Mae and Freddie Mac's combined $1.4 trillion portfolios to give them the ability to buy more mortgages from lenders and support housing. The limit increase will go into effect March 1, 2008 and should add some needed liquidity to the mortgage market.
Showing posts with label GSE. Show all posts
Showing posts with label GSE. Show all posts
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