Senators might propose breaking up Fannie, Freddie

(RECAP: Two U.S. senators working on a bipartisan overhaul of Fannie Mae and Freddie Mac are seriously considering a plot that would break up the mortgage-finance giants, according to people with knowledge of the matter. The proposal by Bob Corker, R-Tennessee, and Mark Warner, D-Virginia, would attempt to foster competition in the secondary mortgage market, where loans are packaged into bonds and sold off to investors, said the people.)

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Former school building in North Richmond renovated into apartments for low-income seniors

(RECAP: Residents started moving into the senior apartments at 1221 E. Brookland Park Blvd. in January, but Tuesday, officials held a ribbon-cutting for the $11.4 million redevelopment project in which Maryland-based Community Preservation and Development Corp. partnered with the Richmond Redevelopment and Housing Authority.)

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