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Home » Store » News » A GSE Reboot Could Cost $700 Billion or More

A GSE Reboot Could Cost $700 Billion or More

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The total cost to the federal government and the U.S. taxpayer to wash away all the red ink generated by Fannie Mae and Freddie Mac over the last two years and set up replacement entities could approach $700 billion, according to credit analysts at Standard & Poor’s rating service. “Standard & Poor’s estimates...
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