Breaking News Alert: Federal bailout for Fannie, Freddie could more than double, regulator says
October 21, 2010 10:12:29 AM
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The federal bailout for Fannie Mae and Freddie Mac could more than double in size during the next three years, according to projections from the Federal Housing Finance Agency.
The federally controlled mortgage giants will likely need at least another $73 billion and perhaps as much $215 billion from taxpayers in the next three years to meet their financial obligations
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