The Bush administration reversed policy Wednesday, allowing Fannie Mae and Freddie Mac, the two largest sources of money for U.S. home loans, to expand their investments in an effort to make mortgages easier to get. The Office of Federal Housing Enterprise Oversight (OFHEO) will permit Fannie Mae and Freddie Mac to boost their loan portfolios by about 2 percent a year beyond a cap of about $1.5 ...
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[Source: Yahoo! News Search Results for housing loan]
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