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Home » Store » News » Fannie, Freddie Lay Out Plans for Push into ‘Emerging’ Markets

Fannie, Freddie Lay Out Plans for Push into ‘Emerging’ Markets

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Fannie Mae and Freddie Mac appear set to take a larger bite out of the non-prime mortgage apple, with new initiatives that could increase the number of loans that the two companies buy. The GSEs’ designs on a larger subprime market share were unveiled at recent industry gatherings, where officials said that a shrinking mortgage origination market would push the secondary market giants into a number of “emerging” markets in the years ahead. Specifically,…
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