Recapitalizing Fannie, Freddie Would Take 20 Yrs: Treasury
Private shareholders of Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) have been encouraged by the failure of the Crapo-Johnson proposal to gain traction, but according to Treasury Under Secretary Mary Miller their demand for the recapitalization of the GSEs . . .
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