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Loan Modification

: Mortgage Lender Implode-o-Meter

Government Bailout Of Fannie And Freddie Is Not The Right Choice

By Implode-Explode Heavy Industries

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"Last week Geithner released the Obama administration?s options for reducing government support for Fannie and Freddie. U.S. taxpayer aid to the companies will reach $224 billion by the end of 2012, of which $55 billion will be returned in dividends to the Treasury, according to President Barack Obama?s 2012 budget."

Full post as published by Mortgage Lender Implode-o-Meter on February 22, 2011 (boomark / email).

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