Mortgage-Finance Quick Fix Unlikely

By Rick Taylor | October 25, 2010 |

Weakness in the U.S. housing market will make it impossible for the federal government to withdraw its support for the mortgage-finance system in the coming year, Freddie Mac Chief Executive Officer Charles E. Haldeman said. Freddie Mac and Fannie Mae, the government-sponsored firms that own or control half of the U.S. mortgage market, have been…

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