Fannie, Freddie bailout could double, regulator says

(WASHINGTON POST) — The federal bailout for Fannie Mae and Freddie Mac could double in size during the next three years, according to projections from the companies’ federal regulator.

Fannie and Freddie, the federally controlled mortgage finance giants, probably will need at least another $73 billion and perhaps as much as $215 billion from taxpayers in the next three years to meet their financial obligations, the Federal Housing Finance Agency said, but much of that money would automatically be returned to the government.

via Fannie, Freddie bailout could double, regulator says.

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