Mises Wire
Author:
Robert Blumen
Online Publish Date:
Via the IHT ( Paulson saying he would consider allowing Fannie Mae, Freddie Mac to buy larger mortgages ) and Bloomberg ( Fannie Mae, Freddie Mac Regulator Eases Asset Limits ), regulatory limits on the two GSEs will be relaxed, in order to allow them to buy, in aggregate, $36 billion of mortgage-backed securities containing “jumbo” loans ---