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Home » Store » News » Will Another $45 Billion be Enough?

Will Another $45 Billion be Enough?

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Fannie Mae and Freddie Mac have indicated in the last few days that they need up to $51 billion to stay solvent as they struggle to cope with the stagnant housing market, increased credit losses, higher debt costs and plummeting fair values for their portfolios. Late last week Freddie got this ball rolling by revealing in a Securities and Exchange Commission filing that it would draw another...
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