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Colonial Savings President David Motley, pictured at left, moderated the panel that featured Fannie Mae President/CEO Tim Mayopoulos, center, and Freddie Mac CEO Donald Layton, right.

SAN DIEGO – Smaller lenders like credit unions increased their mortgage market share because they can take on more risk, Freddie Mac CEO Donald Layton said Monday at the Mortgage Bankers Association Annual Convention.

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