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Freddie Mac

A Plan to Alter Fannie, Freddie

"As the housing market awakens, policy makers will have to decide what to do with Fannie Mae FNMA +0.37% and Freddie Mac FMCC +0.76% . In the past four years, the firms, together with federal agencies, have backed about nine in 10 new loans. Without them, many of today's home sales and refinances wouldn't have happened.