{"id":113598,"date":"2009-12-27T10:00:54","date_gmt":"2009-12-27T15:00:54","guid":{"rendered":"http:\/\/nw0.eu\/2009\/12\/27\/us-gives-blank-check-to-fannie-and-freddie-to-keep-foreign-creditors-happy.html"},"modified":"2009-12-27T10:00:54","modified_gmt":"2009-12-27T15:00:54","slug":"us-gives-blank-check-to-fannie-and-freddie-to-keep-foreign-creditors-happy","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/113598","title":{"rendered":"US Gives Blank Check to Fannie and Freddie to Keep Foreign Creditors Happy"},"content":{"rendered":"

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‘The Treasury announced
\nThursday it was removing the caps that limited the amount of available
\ncapital to the companies to $200 billion each. Unlimited access to
\nbailout funds through 2012 was “necessary for preserving the continued
\nstrength and stability of the mortgage market,” the Treasury said.
\nFannie and Freddie purchase or guarantee most U.S. home mortgages and
\nhave run up huge losses stemming from the worst wave of defaults since
\nthe 1930s.’<\/font><\/p>\n

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Read more…<\/a><\/font><\/p>\n

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