Fannie, Freddie may tap U.S. Treasury for $51 bln (Reuters)

The headquarters of mortgage lender Fannie Mae is shown in Washington September 8, 2008. (Jason Reed/Reuters)Reuters – Fannie Mae and Freddie Mac could tap the government for up to $51 billion in coming weeks, exceeding some Wall Street estimates, so they can continue to operate as the largest providers of funding for U.S. residential mortgages.


Leave a Reply