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Home » FHLB’s Subprime Refi Plan Met With Support
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FHLB’s Subprime Refi Plan Met With Support

June 20, 2008
A proposal allowing the Federal Home Loan Banks to help refinance troubled subprime borrowers received wide support from the mortgage industry this week. However, the strongest suggested change to the proposed program would expand it to all loans. The Federal Housing Finance Board’s proposed rule would temporarily add authority for the Banks to use an Affordable...
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