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News Breaks | | | | October 3, 2012 | | 06:06 EDT |  | FMCC | Freddie Mac battles FHFA, banks over foreclosure plan, WSJ reports
Freddie Mac (FMCC) is battling its regulator and Wall Street over a plan to provide loans to investors that are buying homes in foreclosure to rent them out, reports the Wall Street Journal. Freddie wants to finance these investors to help jump-start a housing recovery. But the Federal Housing Finance Agency put that on hold, concerned it would make it difficult for banks to compete for the growing number of buyers of foreclosed homes, sources say, as well as increase the government's role. Banks told the FHFA that they can provide plenty of loans to investors. Reference Link | |
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News For FMCC From The Last 14 Days Check below for free stories on FMCC the last two weeks. |
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| May 15, 2013 | | 05:49 EDT | | FMCC | Some hedge funds bet on Freddie, Fannie recovery, WSJ reports
 Subscribe for More Information | | | May 12, 2013 | | 20:39 EDT | | FMCC | Fannie Mae, Freddie Mac could be in trouble, Barron's warns
Subscribe for More Information | | | May 6, 2013 | | 10:35 EDT |  | FMCC | FHFA limiting Fannie, Freddie loan purchases to 'Qualified Mortgages'
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