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Fannie, Freddie to combine in new entity, shrink footprint
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Industry News
Tuesday, March 5, 2013
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Are two government sponsored entities better than one? Not according to
the Federal Housing Finance Agency (FHFA), which announced its
intentions to create a new joint company for securitizing home loans
while also shrinking the sizable footprints of Fannie Mae and Freddie
Mac.
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