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“Fannie Mae and sibling company Freddie Mac were seized by federal regulators in September. The two companies, which own or guarantee around half of the $11.5 trillion in U.S. outstanding home loan debt, operate in a conservatorship that enables the government to inject up to $100 billion in each company in exchange for ownership stakes of almost 80 percent.” source...
posted 1 month ago in mac, government1 view | 1 jaa | reply )

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