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Real Estate News: US Government Bails Out Fannie Mae FNMA and Freddie Mac FHMLC

Fannie Mae and Freddie Mac have always been privately owned and government sponsored lenders designed to help more Americans become homeowners.

Recently, the US Government took over and now owns 80% of both Fannie Mae and Freddie Mac.

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What are the implications? I do not know enough to speculate, so here are some articles that may shed some insight:

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