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Have a bright idea about how the government can best liquidate the current huge inventory of owned real estate (REO) currently held by FHA, Fannie Mae and Freddie Mac? Here is your chance to be heard. The Federal Housing Finance Agency (FHFA), the conservator of the two government sponsored enterprises...
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Freddie Mac and Fannie Mae may have recently come to appreciate the old saw "be careful what you wish for." A year or so ago Federal Reserve Chairman Alan Greenspan was giving the two government sponsored enterprises ( GSEs ) a lot of grief about their loan portfolios, particularly in light of the trouble...