Thursday, October 21, 2010

Fannie, Freddie bailout could double, regulator says

Fannie, Freddie bailout could double, regulator says: "Fannie and Freddie, the federally controlled mortgage finance giants, probably will need at least another $73 billion and perhaps as much as $215 billion from taxpayers in the next three years to meet their financial obligations, the Federal Housing Finance Agency said, but much of that money would automatically be returned to the government.

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