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U.S. takes over giant mortgage lenders - Detroit News

Story date: 2008-09-07 05:58:00
Added on: 2008-10-09 13:56:33


WASHINGTON -- The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. The historic move announced Sunday won support ...


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