Treasury’s Paulson Says Goal Is to Back Fannie & Freddie in “Current mold”
Releasing a statement on Friday, U.S. Treasury Secretary Henry Paulson
said that the focus was to back Fannie Mae and Freddie Mac “in their
current form”.
Paulson added that the Treasury office was continuing its dialogue
with regulators and firms.
Stocks are under pressure as stocks from Fannie Mae and Freddie Mac
collapsed by the final two days and speculation of a government bailout
increases.
Original post by Mortgage News Daily - Mortgage And Real Estate News
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