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Fannie, Freddie could need $190bn in taxpayer cash if economy tanks again

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Mortgage Professional America | 01 May 2014, 08:35 AM Agree 0
Fannie Mae and Freddie Mac may need a huge infusion of taxpayer cash if the economy takes a severe tumble, according to the Federal Housing Finance Administration.
  • Herb McGee | | 01 May 2014, 10:27 AM Agree 0
    Leave Fannie and Freddie alone, it paid back with a profit, it isn't broke, don't fix it.
  • Turnip Magee | | 01 May 2014, 11:37 AM Agree 0
    I agree with Herb. They paid back all of the funds, and yet still 'owe' it, as that was how the deal was written - giving perpetual debt to the agencies to kill them off - as if they were lowly US citizens. Equal rights and all that.
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