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Real Estate Law News
5/2/2008 9:43:33 AM EST
Fannie, Freddie reforms could gain momentum
WASHINGTON – (AP) The regulatory hammer hangs over Fannie Mae and Freddie Mac.
 
Legislation that would give the government more power over the two mortgage finance companies is shaping up as a key bargaining chip for Senate Democrats eager to obtain Republican support for a $300 billion housing rescue plan.
 
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