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The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Fannie YOY earnings down nearly 50%; Freddie's fall 55% as housing market shrinks.
Says adding Basis Investment Group subsidiary advances its commitment to diversity and inclusion.
Fannie Mae survey finds just 16% of consumers say now is a good time to buy a home.
Fannie Mae's Guaranty Book of Business increased 1.6% during September.
Transaction includes approximately 61 loans totaling $13 million in unpaid principal balance.