Analysts doubt impact of raising caps (Lexington Herald-Leader)
Efforts in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are likely to default anyway, analysts said. Top Democrats in the House and Senate on Wednesday urged the White House to do more to help borrowers struggling to repay loans resetting at higher rates. ...
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