2007-11-09wsj.com

"Fannie and Freddie currently can buy mortgages only up to $417,000, and Congress -- so far -- hasn't acted to lift that limit despite distress in that market that has made jumbo mortgages at "somewhat tighter terms and higher prices," as Mr. Bernanke put it."



Comments: Be the first to add a comment

add a comment | go to forum thread