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Home » More Details of GSE Financial Aid Plan Surface in Draft Amendments
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More Details of GSE Financial Aid Plan Surface in Draft Amendments

July 17, 2008
The Treasury plan to offer emergency financial support to Fannie Mae and Freddie Mac would also cover the 12 Federal Home Loan Banks, according to draft legislative language obtained by Inside MortgageFinance. The proposed legislation would add new sections to the enabling acts of Fannie Mae, Freddie Mac and the FHLBanks that would specifically authorize Treasury to purchase “any obligations and...
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