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The Federal Reserve is taking steps to keep some distressed borrowers in their homes, but it may not make much of a dent in the nation's housing crisis. ...more
January 29, 2009
In a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed properties owned by the company. ...more
December 15, 2008
Minority borrowers received higher-cost mortgages more frequently than whites when they refinanced their homes last year, continuing a trend of racial disparities in home-loan rates, the Federal Reserve said. ...more
September 13, 2007
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