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Wednesday, May 14, 2014

A Major Lift for Fannie and Freddie a blow to private company higher down payments and interest rates




A Major Lift for Fannie and Freddie “Our overriding objective is to ensure that there is broad liquidity in the housing finance market and to do so in a way that is safe and sound,” Melvin L. Watt, the new head of the Federal Housing Finance Agency, said in a speech at the Brookings Institution in Washington.

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