Reuters: Treasury, Fed take bold steps to back Freddie and Fannie

[NaDiNe]

Treasury, Fed take bold steps to back Freddie and Fannie
      

WASHINGTON (Reuters) - The U.S. Treasury and Federal Reserve on Sunday unveiled sweeping steps to support Fannie Mae and Freddie Mac if needed to bolster confidence in the troubled mortgage financing giants and head off a potential meltdown in global financial markets.
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