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U.S. Treasury rejects Fannie Mae tax-credit sale
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MarketWatch
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November 07, 2009
SAN FRANCISCO (MarketWatch) -- The U.S. Treasury has blocked the proposed sale of low-income housing tax credits held by embattled mortgage lender Fannie Mae because officials have determined that the transaction would be too costly to taxpayers, according to media reports. Fannie Mae sought to sell...
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