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Reuters: Fannie Mae relaxing loan down payment requirements

Started by chris, May 16, 2008, 04:41:06 PM

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chris

Fannie Mae relaxing loan down payment requirements
      


NEW YORK (Reuters) - Fannie Mae, the nation's largest source of home financing, said on Friday it is lowering the amount of down payments required on mortgages it purchases, even in areas where home prices are falling.
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