Freddie Mac (FRE) and Fannie Mae (FNM): Nothing but a Money Pit?

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No! They help provide housing, even if Wall Street manipulation hurt them last year.

No. They made some mistakes, but their mission is good.

Yes. They're trying to do the right thing, but they just can't do it profitably.

Yes. Fannie and Freddie are designed to redistribute wealth.

I don't know.

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TAGS: fannie mae, fnm, freddie mac, fre, real estate

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