The Federal Reserve unanimously approved new mortgage lending rules Monday in a crackdown on shady practices - particularly those involving subprime loans made to borrowers with weak credit.
The federal government's plan to rescue Fannie Mae and Freddie Mac won support from some experts and politicians Monday but did not fully assure investors in the beleaguered mortgage finance giants.
The fate of Fannie Mae and Freddie Mac may be hanging in the balance but many mortgage borrowers already find themselves struggling to find affordable loans.