Fannie Mae and Freddie Mac will no longer be allowed to use subprime mortgages and second-lien loans to meet government-mandated goals for helping low-income Americans buy homes, according to proposals by their regulator.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.