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The Foolish Move to Scrap Fannie Mae and Freddie Mac

It appears that Washington is finally getting around to grappling with the largest unresolved question left over from America’s housing meltdown: What’s to become of the government-backed mortgage giants, Fannie Mae and Freddie Mac? Their fate has been in limbo since the federal government bailed them out and put them in conservatorship in 2008.

via Fannie Mae and Freddie Mac Need to Be Reformed, Not Scrapped – Economic Intelligence (usnews.com).

 

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