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Reuters: Fannie, Freddie have won capital relief--sources

Started by chris, March 19, 2008, 04:01:02 AM

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chris

Fannie, Freddie have won capital relief--sources
      


NEW YORK (Reuters) - The regulator for Fannie Mae  
and Freddie Mac  will on Wednesday announce that the two
U.S. mortgage finance companies have won relief from stringent
capital rules and so can pump about $200 billion into a shaky
mortgage market, sources familiar with the plan said on
Tuesday.
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