Bad Credit Home Financing

A Ray of Mortgage Market Sunshine

Economics maven John Rutledge finds good news: His March 24 blog posting hails a decision by the Federal Housing Finance Board to allow regional banks in the Federal Home Loan Bank system to add up to $150 billion in Freddie Mac & Fannie Mae mortgage-baked securities (MBS).  Rutledge explai…

Read the full post from Letter From The Capitol

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Original post by John Wohlstetter