Anyone Suffering From "Mortgage Dimentia"

It's OK the Government will fix it.

Another $200 billion bailout heading for these gov't agencies

Monday, July 27, 2009
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From Newsmax:

It's shaping up as the biggest government bailout in history.

Fannie Mae and Freddie Mac, the government-sponsored mortgage finance firms, have already received a total of more than $85 billion as part of the Federal bailout program.

Fannie got $34.2 billion in taxpayer money; Freddie got $51.7 billion.

But it seems that's not enough, by half. Estimates now forecast the two giants will need about $200 billion total before they can stand on their own two financial feet again.

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