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Jumbo Mortgage

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Paulson: Let Fannie, Freddie into Jumbo Market 

Dec 17, 2007By

Bloomberg reported Monday that Treasury Secretary Henry Paulson voiced support for a plan that would temporarily allow Fannie Mae and Freddie Mac to purchase jumbo loans: “We would be for lifting the limits for Freddie and Fannie on a temporary basis,” Paulson said in Orlando, Florida. “As I talked to members of Congress, I am hearing less and less resistance to reforming the GSEs.” …

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