World

Fannie, Freddie Don’t Deserve Capital Punishment

April 3 (Bloomberg) -- The rebound in the real estate market has breathed some life back into Fannie Mae and Freddie Mac, the giant mortgage financiers that have been wards of the state since their near-collapse in 2008. The government should seize the opportunity to put them on a path to recovery, rather than killing institutions that, properly managed, could help stabilize U.S. housing finance for generations to come.

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