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Real Estate & Property Law

: Housing Wire

Freddie Seeks Treasury Aid, Fannie Cuts Jobs; Ginnie Bucks Trend?

By DIANA GOLOBAY

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Government-sponsored entity Freddie Mac (FRE: 0.6402 -5.85%) on Friday filed a report with the Securities and Exchange Commission acknowledging the Federal Housing Finance Agency, acting as Freddie’s conservator, will soon request an additional $30 to $35 billion from the Treasury Department under the $100 billion senior preferred stock purchase agreement, through which the Treasury is [...]

Full post as published by Housing Wire on January 26, 2009 (boomark / email).

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