Both government lenders, [tag]Fannie Mae[/tag] and [tag]Freddie Mac[/tag] have tightened their policies for purchasing high-priced, [tag]high-risk home loan[/tag]s from lenders. The new policies involve billions of dollars worth of [tag]subprime mortgage[/tag]s, those targeted to people with tarnished credit or low incomes who are considered greater risks. The policies spell out to banks and other lenders which mortgages Fannie Mae and Freddie Mac will ultimately buy from them and which mortgage loans they will be likely to reject. Fannie Mae And Freddie MAC: Scandal in U.s. Housing

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