Fannie, Freddie saw market share dip in 2006 

Government regulators say mortgage repurchasers Fannie Mae and Freddie Mac achieved "reasonable levels of profitability" in 2006 while maintaining adequate capitalization and managing potential credit losses from housing-price shock.

In their annual report assessing mortgage markets and the government-sponsored entities' financial health, analysts at the Office of Federal Housing Enterprise Oversight (OFHEO) said Fannie and Freddie continue to work on issues related to accounting, systems and internal

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