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Fannie and Freddie Stress Test Results ‘Not Surprising’

Posted by: In: Real Estate 30 Apr 2014 Comments: 0 Tags: ,
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Worst-case scenario: In the event of repeat of the 2008 economic downturn, the federal government’s main mortgage buyers, Fannie Mae and Freddie Mac may need another $190 billion bailout to keep them solvent. So say the results of the inaugural Dodd-Frank Act Stress Test, released by the Federal Housing Finance Agency Wednesday.

The post Fannie and Freddie Stress Test Results ‘Not Surprising’ appeared first on DSNews.com.

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Source: DSNews

    

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