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The Federal Housing Finance Agency is shoring up the government-sponsored enterprises’ finances as it returns to considering a mission-centric conservatorship exit, and its related policies have implications for lenders.
BY DOUG PAGE, Staff Writer, National Mortgage Professional Magazine While all indications are that the Fed will raise the Federal Funds rate a half-point today with a possible end result of 6% mortgages soon after the pressure to do so increased, says one economist, when the yield on the 10-year Treasury bond went over 3% this week.