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IPFS News Link • Housing

Low-income borrowers to feel the pinch in US

02-27-2007 • business.timesonline.co.uk

Freddie Mac and Fannie Mae, the government-sponsored secondary mortgage companies, are poised to tighten the lending criteria that they require on the home loans they buy, after several years of unprecedented lending by banks to so-called sub-prime b

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Reported By Ernest Hancock

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