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Real Estate/Development

Oct. 28, 2010

Reforming Fannie Mae, Freddie Mac Threatens Apartment Market Financing

After burning through $135 billion in taxpayer bailouts and counting, the future of Fannie Mae and Freddie Mac as the nation's largest backers of residential mortgages has never been more in doubt. By Daily Journal Staff Writer Jason W. Armstrong.


By Jason W. Armstrong


Daily Journal Staff Writer


After burning through $135 billion in taxpayer bailouts and counting, the future of Fannie Mae and Freddie Mac as the nation's largest backers of residential mortgages has never been more in doubt.


Largely overlooked in the calls by Congress and others to reform, privatize or eliminate the former government-sponsored enterprises - fully under government conservatorship since 20...

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