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The brand new resulting size offers Fannie and you may Freddie a lot more advantages that potential private-business competitors usually do not overcome The newest GSEs’ unique advantage appears because, inspite of the direct report toward prospectus so you can GSE debentures you to they aren’t supported by a full trust and you can borrowing from the bank from this new U S. government, extremely dealers have appear to determined that during the an urgent situation the fresh government bodies […]