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Old 03-28-2008, 11:22 AM
flippinout flippinout is offline
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Default Fannie, Freddie may raise $20Billion

NEW YORK - Fannie Mae’s and Freddie Mac’s regulator will allow the mortgage financiers to raise as much as $20 billion in capital as part of an agreement that lets them buy more debt securities, Bloomberg News said on Friday.

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