Fannie Mae and Freddie Mac to Force Banks to Buy Back Mortgages

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In a crackdown on faulty mortgages, Fannie Mae and Freddie Mac may be forcing lenders, which include Citigroup, JP Morgan Chase, Wells Fargo, and Bank of America to buy back loans. The total may include up to $21 billion in home loans.

Credit: Market News Video
Copyright: Market News Video

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