Wednesday, 7 August 2013

Fannie, Freddie Plan Draws Skeptics

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Fannie, Freddie Plan Draws Skeptics

Community bankers and mortgage lenders are skeptical of a call from President Obama --- who appeared last night on the 'Tonight Show' with Jay Leno --- to shutter mortgage giants Fannie Mae and Freddie Mac, arguing that the still-fragile US housing industry is not ready for such a change.

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