Factbox: Senate Fannie, Freddie bill maintains U.S. backstop on home loans

Factbox: Senate Fannie, Freddie bill maintains U.S. backstop on home loans

[Reuters] – The 442-page draft from the Democratic chairman of the Senate Banking Committee and the panel’s top Republican would provide an explicit government guarantee for mortgages that would kick in only after private creditors took a hit. Currently, more

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