Fannie, Freddie mortgage credit quality better: FHFA
WASHINGTON |
WASHINGTON (Reuters) - The credit quality of mortgages bought by Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) has improved substantially since the firms were taken into conservatorship, their regulator said in a report released on Thursday.
This was the first in what will be quarterly reports from the Federal Housing Finance Agency.
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