Fannie, Freddie May Require Billions More In Assistance

Fannie, Freddie May Require Billions More In Assistance

The first of the Bush administration's major financial takeovers is poised to get more expensive as mounting troubles in the credit and housing markets have further undermined the health of Fannie Mae and Freddie Mac since the government seized them.

The Treasury will likely be required to pump billions of dollars into the mortgage giants and the tab, some analysts say, could exceed the government's worst-case scenario, requiring more than the $200 billion that the government set aside for capital infusions into the two companies.

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