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Archive for May 2nd, 2014

Fannie Puts the Load on Taxpayers

Friday May 2nd, 2014   •   Posted by K. Lloyd Billingsley at 9:07am PDT   •   0 Comments

Back in 2012 analysts were predicting that the federal bailout of mortgage finance giants Fannie Mae and Freddie Mac would be the most expensive government rescue of the financial crisis. At the time the cost was $153 billion and rising, and those costs would continue to climb regardless of federal plans for the agencies….
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