Tsy Secretary Paulson Says Fannie and Freddie Vital to Financial System

Speaking at the New York Public Library, U.S. Treasury Secretary
Henry Paulson said Fannie Mae and Freddie Mac are vital
to the U.S. financial system, and that he remains confident Congress will
pass GSE legislation sometime that week.

“Because of their size and scope, Fannie and

Freddie stability
is critical
to financial market stability,” said Paulson. “Their
continued activity is…”

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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