Bills to curb Fannie Mae and Freddie Mac might limit loans to minorities. From: Sacramento Bee (Sacramento, CA) | Date: April 17, 2005 | COPYRIGHT 2005 The Sacramento Bee. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: Andrew Lepage

Apr. 17--Fannie Mae and Freddie Mac, the nation's two biggest mortgage purchasers, are facing proposed regulations that some fear could make it harder for many Americans to buy their first homes.

Once seemingly untouchable because of their political clout, the congressionally chartered companies find themselves up against the ropes in Congress after recent accounting scandals. Fannie Mae and Freddie Mac buy or guarantee nearly half of all...