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U.S. seeks to sell 5% of Fannie and Freddie, Bill Pulte says

Bill Pulte, Director of the Federal Housing Finance Agency, said on Fox Business that the government is looking to sell about 5% of Fannie Mae (FNMA) and Freddie Mac (FMCC). Pulte added Fannie and Freddie are worth $500B-$700B to the government.

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