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Reuters: More big losses expected from Fannie, Freddie

Started by chris, May 05, 2008, 04:56:49 PM

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chris

More big losses expected from Fannie, Freddie
      


NEW YORK (Reuters) - Fannie Mae and Freddie Mac, reeling from the deterioration in the housing market, will likely post steep losses for the first quarter, but the two largest home funding companies are expected to escape previous record losses.
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