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Reuters: Fannie Mae, Freddie Mac suspend some foreclosures

Started by dave, November 21, 2008, 07:59:12 AM

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dave

Fannie Mae, Freddie Mac suspend some foreclosures
      


NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the economy.<div class="feedflare">
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