Tag: Fannie Mae Eases Credit
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Nine Years Ago This Week
New York Times: Fannie Mae Eases Credit To Aid Mortgage Lending (Published Sep. 30, 1999. Emphasis mine.) In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. The action, which…