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Reuters: Fannie, Freddie may raise $20 billion: report

Started by chris, March 28, 2008, 10:01:02 AM

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chris

Fannie, Freddie may raise $20 billion: report
      


NEW YORK (Reuters) - Fannie Mae's  and Freddie Mac's  regulator will allow the mortgage financiers to raise as much as $20 billion in capital as part of an agreement that lets them buy more debt securities, Bloomberg News said on Friday.
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