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U.S. regulator feels pressure over Freddie, Fannie: report
26.03.2012. | WASHINGTON (Reuters) - Mortgage giants Fannie Mae and Freddie Mac are being pushed to reduce borrowers' mortgage balances in order to shield U.S. banks from taking losses on distressed housing debt, the companies' regulator said in a Financial Times interview published on Sunday. "If you do principal forgiveness, who is it benefiting?......
