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Fannie Mae's Managing Director, Brian Faith, released a statement on Wednesday that gave notice that at least one of the two government sponsored enterprises (GSEs) that play a major role in the nation's mortgage industry has decided it would be wise to protect its own interests. Government lawmakers...
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Several things have occurred over the last week or so in the ongoing saga of Freddie Mac, Fannie Mae and their financial improprieties which date back almost to the turn of the century. First, Freddie Mac recently announced that it had voluntarily adopted a temporary policy of limited growth for its...