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Fannie May and Freddie Mac Struggling
The two mortgage lenders at the heart of America's system of housing finance may need a government bailout. Shares in Fannie Mae and Freddie Mac today dropped to their lowest prices in 17 years. Michael Mandel is chief economist for BusinessWeek magazine.
The two mortgage lenders at the heart of America's system of housing finance may need a government bailout. Shares in Fannie Mae and Freddie Mac today dropped to their lowest prices in 17 years. Michael Mandel is chief economist for BusinessWeek magazine.
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