Fannie and Freddie to launch joint securities venture

The regulator overseeing Fannie Mae and Freddie Mac has announced an idea to reform the mortgage giants. It involves starting a joint venture to bundle mortgages into securities that people can invest in.
Read more: http://feeds.americanpublicmedia.org/~r/APM_Marketplace/~3/yOH8pk_SQEg/fannie-an...
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