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Incoming FHFA Director Announces New Rules for Fannie, Freddie

 

May 13 - In remarks delivered at the Brookings Institution Forum on the Future of Fannie Mae and Freddie Mac, FHFA Director Melvin Watts announced a series of new policy decisions. Watts said he hoped the new policies would improve liquidity in the housing finance market and address lenders' concerns over life of loan extensions.

Key points from Watt's speech:

To read Watt's speech in its entirety, click on this link.


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