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Plan unveiled to shore up Fannie, Freddie

Wow! To think that just a month or so ago, people were saying that the worst of the credit crunch had passed. That line of thinking clearly was way too premature. Not only did the Bush Administration Read more...

Fannie and Freddie, the final shoe to drop?

We tend to take Fannie Mae and Freddie Mac for granted. They have long been securitizing mortgages, and that expanded liquidity greatly without a doubt. That they were government-sponsored Read more...