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Too Big to Fix: No One Can Figure Out What to Do With Fannie and Freddie

  • Latest talks on resolving companies are stuck on old problems
  • Mnuchin pushed solution to 2019; some think it’ll take longer
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Photographer: Chris Rank/Bloomberg

Will anyone ever fix Fannie Mae and Freddie Mac?

When the two mortgage giants were taken under federal control a decade ago -- the same year Donald Trump kicked off the first season of Celebrity Apprentice -- regulators saw the move as a short timeout.