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Fannie, Freddie Hammered Again; Will it Matter? 

Aug 20, 2008By

It’s pretty clear that some investors don’t have much faith in either Fannie Mae [stock FNM][/stock] or Freddie Mac [stock FRE][/stock]; shares in Freddie were off nearly 25 percent, and Fannie by nearly 20 percent, when this story was published Wednesday afternoon, as concern over the two mortgage finance giants’ future raged onward.

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