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Bruce Berkowitz Comments on Fannie Mae and Freddie Mac

August 04, 2014 | About:

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courtney hewitt
Courtney hewitt - 9 months ago

I find this post very interesting. Fannie Mae and Freddie Mac, the government-backed home loan insurance and brokerage corporations, have been in huge financial trouble for many years. Both have obtained billions in taxpayer-funded loans. However, Fannie has published its first profit since 2008 and declined any federal loans for the time being. It is very important that we have savings in these hard times.

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