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Factbox: Senate Fannie, Freddie bill maintains US backstop on home loans – Reuters

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Washington Post

Factbox: Senate Fannie, Freddie bill maintains US backstop on home loans
Reuters
Currently, Fannie Mae and Freddie Mac buy mortgages from lenders and repackage them as securities for sale to investors and provide a guarantee to make investors whole in case loans default. The duo support about 60 percent of U.S. home loans. The bill ...
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