News

March 22, 2008

Mortgage lenders to pump $200 billion into markets (Reuters)

Filed under: Real Estate — Admin @ 8:04 pm

The headquarters of mortgage lender Fannie Mae in Washington, October 3, 2006. (Jason Reed/Reuters)Reuters - Two U.S. home financing heavyweights
won government approval on Wednesday to pump $200 billion more
into troubled U.S. mortgage markets, the latest step to
stabilize credit markets and avert a deep recession.

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