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24 Dec

Treasury removes cap for Fannie and Freddie aid (AP)

Posted in business on 24.12.09

A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth set up at the Housing Rescue Fair, part of the National Urban League's Economic Empowerment Tour, in Dallas, Texas June 13, 2009. REUTERS/Jessica RinaldiAP – The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.



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