THE AMERICAN JOURNAL

Fannie, Freddie Cannot Exist in Current Form: Frank

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“This committee will be recommending abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance, that’s the approach rather than the piecemeal one,” Frank said. 

Read more: CNBC

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January 22, 2010 - Posted by | Uncategorized | , , ,

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