Senate’s Fannie Mae Wind-Down Plan Faces High Hurdles - Bloomberg: "Pressure from the White House, lawmakers and other advocates who want to eliminate Fannie Mae and Freddie Mac (FMCC) is mounting as the companies return to profitability more than five years after they were bailed out by taxpayers. The bill’s fate may will determine how soon the nation’s system of financing home loans is changed from one in which most of the risk is borne by taxpayers into one where private capital suffers the first losses."
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