[ Reuters: Top News] U.S. seizes Fannie and Freddie

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[ Reuters: Top News] U.S. seizes Fannie and Freddie

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WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac launching what could be its biggest bailout ever to support the U.S. housing market and ward off more global financial market turbulence.




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