Fed's Stern Says Now Not "Appropriate Time" to Close Fannie, Freddiehttp://www.mortgagenewsdaily.com/8202008_Feds_Stern.aspFederal Reserve Bank of Minneapolis President Gary Stern said Wednesday that now is not an "appropriate time" to close government-sponsored Enterprises Fannie Mae and Freddie Mac . Speaking on Bloomberg Television, Stern said it is "important" for FannieenCommunityServer 2008 SP2 (Build: 31106.96)