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Will GSEs Participate in Feds’ $700 Billion TARP?
Since Fannie Mae and Freddie Mac remain the nation’s largest holders of subprime and Alt A mortgages, as lawmakers continue deliberating over the details of a massive $700 billion buyout of bad mortgages, speculation has turned to the prospect that the two GSEs might be able to tap into that federal spigot. But experts are divided as to whether Fannie and Freddie would or could participate in...
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