by YoTuT
Question by John V: IS THIS WHAT CONTRIBUTED TO THE HOUSING MELTDOWN?
F&F UNDER CLINTON
STEVEN A. HOLMES
Published: September 30, 1999
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 will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region
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