Cost of Seizing Fannie and Freddie Surges for Taxpayers

Cost of Seizing Fannie and Freddie Surges for Taxpayers

CASA GRANDE, Ariz. — Fannie Mae and Freddie Mac took over a foreclosed home roughly every 90 seconds during the first three months of the year. They owned 163,828 houses at the end of March, a virtual city with more houses than Seattle.

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