Tuesday, August 21, 2007

Mortgage lenders see fund influx (The Myrtle Beach Sun News)

The Federal Home Loan Bank system has increased low-cost lending to financial institutions in an effort to bolster credit stability. As the housing crisis worsens and the Federal Reserve has swooped into the market to ensure liquidity, the 12 regional banks are making more cash available to banks and thrifts that make mortgage loans. Created by Congress during the Depression, the self-funded home ...

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[Source: Yahoo! News Search Results for housing loan]

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