Industry NewsMortgage

Investors fear Fannie, Freddie bailout

Companies would continue to finance mortgages
Published on Aug 20, 2008

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by CareyBot

Investors continued to dump shares of Fannie Mae and Freddie Mac this week amid growing fears that the government will be forced to bail the companies out.While a bailout could wipe out shareholders and be costly to taxpayers, it would allow the mortgage finance companies to continue purchasing and guaranteeing loans.

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