Fannie Mae relaxes loan down-payment requirements
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080516/2008_05_16t064951_450x305_us_fanniemae_downpayments.jpg?x=130&y=88&q=85&sig=kKlPPfk
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wpbgOkVYAHQoA--" align="left" height="88" width="130" alt="The headquarters of mortgage lender Fannie Mae is shown in northwest Washington October 3, 2006. (Jason Reed/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080516/bs_nm/fanniemae_downpayments_dc)Reuters - Fannie Mae, the largest U.S. home
funding source, is setting a single national standard for down
payments on mortgages it buys, including areas where home
prices are falling, in an effort to stimulate the housing
market.</p><br clear="all"/>
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