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IPFS News Link • Housing

Pressured to Take More Risk, Fannie Hit Tipping Point

10/05/2008 • The New York Times

When Daniel Mudd took Fannie Mae's reins in 2004, Congress demanded that he help steer more loans to low-income borrowers and lenders were threatening to sell directly to Wall Street unless Fannie bought a bigger chunk of their riskiest loans.

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Reported By Mike Renzulli

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Pressured to Take More Risk, Fannie Hit Tipping Point

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