New Mortgage Rules Complicate Fannie, Freddie Endgame

Law360, New York (October 22, 2014, 9:39 PM EDT) -- Recent moves by federal regulators to increase sales of mortgages to Fannie Mae and Freddie Mac could further dampen hopes for a resurgence of private capital in the U.S. housing market, and make it more difficult to wind Fannie and Freddie down, policymakers and experts said.

The head of the Federal Housing Finance Agency on Monday announced plans to expand credit and lighten up on the threat that banks and other lenders will have to buy back mortgages that are found to not meet Fannie and Freddie's requirements. Over the course of Tuesday and Wednesday, FHFA was one of six federal...

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