Investors fear Fannie, Freddie bailout
Companies would continue to finance mortgages
By Inman News, Wednesday, August 20, 2008.Bookmarking Sites
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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