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U.S. seizes two mortgage giants Economy
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score: -1
score: 2, Economy, 2008-09-07 19:00:44, published by CNN
Federal officials today announced an extraordinary takeover of troubled mortgage giants Fannie Mae and Freddie Mac, signaling the most dramatic move to date aimed at shoring up the nation's housing market. Freddie and Fannie own half the mortgage debt in the country. Since last summer, they have suf... [additional details]