Fannie buys more loans it might have ducked in ’09

In its efforts to support the housing market’s tenuous recovery, Fannie Mae took on slightly more risk with the new loans it bought or guaranteed in the first quarter. The $116bn of single-family mortgages the government-sponsored enterprise acquired during the period had a higher average loan-to-value ratio and …

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3d rendering of a row of luxury townhouses along a street

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