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Published: August 2, 2008
Meet Fannie Mae, Freddie Mac in the recovery room
By Richard Mize
Fannie Mae ? Freddie Mac ?

Who? Here's who, since they've been in the news so much lately, especially this week after the president signed the big housing bill. Among a gozillion other things, it extends more credit to Fannie and Freddie and lets the U.S. Treasury buy stock in them to prop them up.

Meet Fannie Mae Congress chartered the Federal National Mortgage Association — known by the nickname Fannie...

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