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Home » Store » News » Fannie Mae Eyeing Subprime Loans, May Securitize Reverse Mortgages

Fannie Mae Eyeing Subprime Loans, May Securitize Reverse Mortgages

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With its business slipping and the government-sponsored enterprises facing increased competition from the private market, Fannie Mae this week acknowledged that it plans on expanding its role in the subprime market and is considering securitizing reverse mortgages. At a press conference this week in Chicago, Tom Lund...
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