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Tuesday, December 29, 2015

Fannie, Freddie give birth to new mortgage bond - Fannie Mae (OTCMKTS:FNMA) | Seeking Alpha

Fannie, Freddie give birth to new mortgage bond - Fannie Mae (OTCMKTS:FNMA) | Seeking Alpha: The federal government is trying to get taxpayers off the hook for billions of dollars of potential losses if another mortgage crisis arrives - and in the process, it's quietly giving birth to a new asset class.