$1 Million Loans

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Fannie, Freddie Surge as U.S. Approves $1 Million Loans

(Bloomberg) — Fannie Mae and Freddie Mac climbed after their regulator announced that the mortgage giants will be able to back loans worth nearly $1 million in some of the most expensive U.S. housing markets. Reflecting the surge in home prices during the Covid-19 pandemic, Fannie and Freddie will be able to buy loans of […]

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