What you need to know about Fannie Mae and Freddi Mac

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  ‘Extreme’ Changes to Fannie, Freddie Could Wallop Your Wallet

  If you’ve taken out a home mortgage — whether to buy or refinance — you may not realize it, but Freddie Mac and Fannie Mae, known as government-sponsored enterprises (GSEs), were behind the scenes helping to keep your interest rate payments lower than they might otherwise have been. So why do some on Capitol Hill want to eliminate Fannie and Freddie and make it harder for you to buy a home? Read

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