Fox Business reports:
Fannie Mae and Freddie Mac are working with housing regulators and mortgage lenders to ease credit for many consumers who have been shut out of the home buying market due to tighter credit requirements initiated in the wake of the 2008 financial crisis.
There's more:
Fannie and Freddie are now considering programs that would make it easier for lenders to offer mortgages with down payments of as little as 3% for some borrowers, the Wall Street Journal reported.
More leverage than a hedge fund!
