Freddie Mac Simplifies its New Home Construction Loan Program; Revisions Benefit Hurricane Areas
November 21, 2006
Freddie Mac this week released a set of guidelines that officials say will clear up a lot of confusion about the investor’s new home construction financing program. The government-sponsored enterprise also hopes that the revised criteria will turn the home-building...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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