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Re: Demar post# 101945

Monday, 08/05/2013 9:03:49 PM

Monday, August 05, 2013 9:03:49 PM

Post# of 803975

Officials said Obama will insist that the government only step in to pay out mortgage guarantees after private capital has been exhausted and that private capital bear the substantial majority of any losses. He will also call for Fannie and Freddie's investment portfolios to be wound down by at least 15 percent per year.


Officials said??? What Officials? When? Where?

Lots of folks putting words in Obama's mouth tonight....