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Fannie Mae, Freddie Mac regulator aims to boost low-income lending

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The regulator in charge of Fannie Mae and Freddie Mac wants them to lend to more low-income families. The Federal Housing Finance Agency, the agency in charge of the two bailed-out government-sponsored mortgage enterprises, announced Friday a proposal to raise its goals for low-income housing. The proposal calls for the agency to buy more refinancing mortgages for low-income families and to...

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