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U.S. Government seizes control of Freddie Mac and Fannie Mae

This August 6, 2008 file photo shows the corporate logo for Freddie Mac seen outside its headquarters in McLean, Virginia. The Bush administration announced September 8, 2008 it was taking control of the troubled mortgage lending giants Freddie Mac and Fannie Mae in an attempt to help save the lenders and reverse the housing and credit crisis. (UPI Photo/Patrick D. McDermott/Files)

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