Industry News

Fannie, Freddie government perks worth billions

Only a portion benefits borrowers, Congressional analysis finds
Published on Apr 15, 2004

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by CareyBot

Government sponsorship of Freddie Mac, Fannie Mae and the Federal Home Loan Banks was worth about $23 billion to those entities in 2003, and more than a third of that amount wasn’t passed through to borrowers, according to a new ...

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