The Federal Housing Finance Agency (FHFA) has lowered its projection for just how much taxpayer funding is needed to support the nation’s two largest mortgage financiers. FHFA estimates that Fannie Mae and Freddie Mac will need between $ 220 billion and $ 311 billion from the American people when all is said and done. Those figures represent capital assistance from September 2008, when the two mortgage giants were placed into conservatorship, through the end of 2014.
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