Fannie & Freddie Upping Fees, Credit Score Requirements, Downpayments

Giant Mortgage Lenders Fannie Mae and Freddie Mac, which were taken over by the Government back in September, are responding to their ongoing foreclosure losses by charging new customers more for mortgages.Fannie Mae and Freddie Mac own or guarantee roughly 57% of all residential mortgages in the United States. They've received billions in bailout money from the Fed even as they continue