Report: U.S. Considers Revamp of Fannie Mae, Freddie Mac

POSTED: Wednesday, August 5, 2009 - 9:15pm
UPDATED: Friday, April 13, 2012 - 8:52am

The Obama administration is considering an overhaul of mortgage giants Fannie Mae and Freddie Mac that would strip billions in bad loans and create a new home-loan organization, according to the Washington Post.

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