Obama Budget Signals Fannie, Freddie Likely To Remain In Conservatorship For Years

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Fifteen months after Fannie and Freddie were effectively nationalized, neither the Obama administration nor Congressional leaders see a quick solution to one of the thorniest problems in American finance: how to fix the twin mortgage giants without choking the flow of credit to homeowners and dealing a blow to a still-fragile housing market.

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Filed by Grace Kiser