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Fannie, Freddie Nearing Day of Reckoning, Regulator Warns

Fannie, Freddie Nearing Day of Reckoning, Regulator Warns

February 18, 2016
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Federal Housing Finance Agency Director Mel Watt stopped short of calling for Treasury to recapitalize the government-sponsored enterprises, but said "something needs to be done" before they run out of capital.

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