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» GSE ‘Zero Capital’ Day is Almost Here; FHFA Chief Watt Not Likely to ‘Cross the Line’ and Change the Dividend Payments
GSE ‘Zero Capital’ Day is Almost Here; FHFA Chief Watt Not Likely to ‘Cross the Line’ and Change the Dividend Payments
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In roughly 10 business days, Fannie Mae and Freddie Mac – which guarantee half of all mort-gage debt in the U.S. – will run out of capital unless their regulator at the Federal Housing Finance Agency does something about it.