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Freddie Seeks Treasury Aid, Fannie Cuts Jobs; Ginnie Bucks Trend? 

Jan 26, 2009By

Government-sponsored entity Freddie Mac [stock FRE][/stock] on Friday filed a report with the Securities and Exchange Commission acknowledging the Federal Housing Finance Agency, acting as Freddie’s conservator, will soon request an additional $30 to $35 billion from the Treasury Department under the $100 billion senior preferred stock purchase agreement, through which the Treasury is required to provide funds wheneve

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