Freddie Mac

Fannie, Freddie Rescue Could Cost $25 Billion 

The U.S. Treasury’s push to gain the authority to buy equity positions in one or both of Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] could end up costing a pretty penny, as the Congressional Budget Office on Tuesday put out the first published estimate of the cost of government intervention into the two ailing mortgage financial giants since Treasury secretary Henry Paulson proposed the plan two weekends ago.