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Fannie Mae could need $16B from government (AP)

Started by riky, January 27, 2009, 12:01:28 AM

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riky

January 27, 2009, 12:01:28 AM
Fannie Mae could need $16B from government
    (AP)

 

AP - Mortgage finance company Fannie Mae said Monday that it likely needs up to $16 billion from the government as conditions in the U.S. housing market continue to deteriorate.


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