Fannie, Freddie may tap U.S. Treasury for $51 bln
| Reuters »
Posted By UpholdOurConsitution
10 months, 1 week ago
in News
NEW YORK (Reuters) - Fannie Mae and Freddie Mac could tap the government for up to $51 billion in coming weeks, exceeding some Wall Street estimates, so they can continue to operate as the largest providers of funding for U.S. residential mortgages.
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UpholdOurConsitution
"Just because you can, doesn't mean you should." This phrase has never been more applicable than it is today in our current economy. Greed ...
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