The Traderszone Network

Published in TZ Latest News 19 August, 2015 by The TZ Newswire Staff

U.S. housing regulator targets more support for poor borrowers

The regulator for U.S. housing finance giants Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) told the two firms on Wednesday to provide more support to low-income Americans taking out mortgages and refinancing home loans. The Federal Housing Finance Agency released goals for the two government-controlled firms for 2015-2017 that would advance agency chief Mel Watt’s aim to widen access to housing credit.

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