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By taking control of Fannie Mae and Freddie Mac, the Bush administration has launched a high-stakes bid to bolster the housing market and the US economy – seeking to minimize costs to taxpayers even as it puts them on the hook. Treasury Secretary ...

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Fannie and Freddie: why the takeover - Christian Science Monitor

WASHINGTON -- Treasury Secretary Henry Paulson on Sunday moved to take control of Fannie Mae and Freddie Mac, which operated like private companies but had enjoyed implicit government backing until their seizure. The move aimed to bolster the complex ...

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How Fannie and Freddie seizure affects homeownership - Miami Herald

The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets and the overall economy. Treasury Secretary Henry Paulson is ...

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US Government takes over mortgage giants - Forbes

WASHINGTON - The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets and the overall economy. Treasury Secretary Henry ...

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US Government seizes control of mortgage giants Fannie Mae and Freddie ... - Minneapolis Star Tribune

NEW YORK (Reuters) - Bears have reigned supreme on Wall Street so far in September thanks to growing concern about economies worldwide, but their grip on stocks faces a big challenge after the U.S. government's weekend seizure of control of mortgage ...

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GSE rescue could scare bears - MSN MoneyCentral

WASHINGTON -- When Treasury Secretary Henry M. Paulson Jr. reveals how the Bush administration intends to steady tottering mortgage giants Fannie Mae and Freddie Mac -- probably this afternoon -- he will be walking a knife edge between two seemingly ...

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Treasury Secretary Paulson's balancing act on Fannie and Freddie - Los Angeles Times

WASHINGTON - Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles. With Congress returning this coming week from its ...

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Automakers greet Congress with hands out - MSNBC

WASHINGTON - The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets and the overall economy. Treasury Secretary Henry ...

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Officials announce takeover of Fannie Mae and Freddie Mac - Newsday

WASHINGTON : Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling U.S. car makers build more fuel-efficient vehicles. With Congress returning this coming week from ...

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Auto industry to press Congress for $50B in loans - International Herald Tribune

Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? Survey shows 75pc supported positive credit reporting Mortgage broker calls for comprehensive credit reporting Guides ...

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