FreedomWide- DEBT CONSOLIDATION, LOWER MONTHLY PAYMENTS, CONSOLIDATE DEBT

NEW YORK -
Shares of mortgage lenders and thrift banks jumped Thursday in the aftermath of regulators’ decision to ease restrictions on how much Fannie Mae and Freddie Mac can grow their portfolios.

Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ), sponsored by the government, buy mortgages from lenders, providing a buyer or guarantor for trillions of dollars in home loans. Eased restrictions could potentially add more liquidity to the mortgage industry.

Read Full Article

Tags: foreclosure help, mortgage lenders, short sale

This entry was posted on Thursday, March 20th, 2008 at 5:59 pm and is filed under Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.