U.S. housing regulator targets more support for poor borrowers

``The rules direct Fannie Mae and Freddie Mac to expand the number of loans they back for low-income families to 24 percent of the their purchases of single-family home mortgages over the period, up from a target of 23 percent in 2014. FHFA also asked each firm to make mortgages refinanced by low-income families a bigger share of their refinancing purchases, and to increase the number of mortgages they buy for multi-family properties each year.'' -- No REAL info in this, i.e., whether such expanded lending would be on a sound or unsound basis...