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House Democrats submit plan to end Fannie Mae and Freddie Mac

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House Democrats have submitted their own bid to bring an end to the bailed-out government-sponsored mortgage businesses Fannie Mae and Freddie Mac, joining House Republicans and two bipartisan groups in the Senate in proposing a broad overhaul of the American system of housing finance. Rep. Maxine Waters of California, the ranking Democrat on the House Financial Services Committee, announced...

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