Bernanke urges more home loans for investors

Restraints on credit for home buyers and home builders continue to impede the housing and economic recovery, Federal Reserve Chairman Ben Bernanke said at recent meeting of the National Association of Home Builders (NAHB) Board of Directors in Orlando. He added that the Fannie Mae and Freddie Mac limits on investor loans should be eased to encourage more loans so that investors can turn some distressed properties into rental units.

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