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Reuters: Fannie Mae tightens rules for mortgages

Started by chris, April 02, 2008, 07:01:04 PM

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chris

Fannie Mae tightens rules for mortgages
      


NEW YORK (Reuters) - Fannie Mae  has told lenders that it will require a minimum credit score for the loans it buys, tightening mortgage standards to protect itself from record foreclosures sweeping the country.
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