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Reversal of Fortune: Fannie Mae Helps Rescue FHLBs’ Secondary Mortgage Program

OCT 7, 2008 8:46pm ET

WASHINGTON – The Federal Home Loan Bank of Chicago, which has been promoting its secondary mortgage market program as an alternative to Fannie Mae and Freddie Mac, announced yesterday it has agreed to sell loans under its Mortgage Partnership Finance program to Fannie Mae.

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