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Wednesday May 23rd 2012

Fannie, Freddie need to tighten legal expenses: regulator

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WASHINGTON (Reuters) – A government watchdog on Wednesday said Fannie Mae and Freddie Mac’s regulator needs to curtail the rising cost of their legal expenses since there is no end in sight to the widening taxpayer tab keeping the two firms afloat.

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Post Published: 22 February 2012
Found in section: Finance