Industry NewsMortgage

Fannie, Freddie say bailout is not imminent

Shares continue to slide on Friday
Published on Jul 11, 2008

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by CareyBot

Federal regulators and officials at Fannie Mae and Freddie Mac reiterated Friday that the companies are adequately capitalized and that a government bailout is not imminent, but stockholders in the government-chartered, publicly traded companies were not entirely reassured.

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