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Home » Store » News » Federal Support of the GSEs Exceeds $660 Billion

Federal Support of the GSEs Exceeds $660 Billion

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The U.S. government’s support of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks has now reached at least $660.21 billion through early May, all part of the larger federal plan to bolster the overall U.S. housing market and help thaw out the freeze in residential mortgage finance. So far, the Federal Reserve Bank of New York, which has been administering...
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