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Treasury changes Fannie, Freddie bailout deal

August 18, 2012
By MARTIN CRUTSINGER , THE ASSOCIATED PRESS

WASHINGTON - The government is changing the terms of its bailout agreement with Fannie Mae and Freddie Mac in a way that will shrink the holdings of the two mortgage giants more quickly and will require payment to the government of all quarterly profits the companies earn.

 
 
 

 

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