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Reuters: Home Loan Banks cleared to lift mortgage holdings

Started by chris, March 24, 2008, 03:01:02 PM

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chris

Home Loan Banks cleared to lift mortgage holdings
      


WASHINGTON (Reuters) - The Federal Home Loan Bank system will be permitted to expand their holdings of Fannie Mae and Freddie Mac securities by more than $100 billion under a plan endorsed by their regulator on Monday.
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