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Old Republic Will No Longer Insure JPMorgan and GMAC REOs Posted on October 6, 2010 at 9:17am 0 Comments 0 Likes Read all about it here:
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The Wall Street Journal reported today that Fannie Mae has asked the U.S. government for an additional $8.4 billion in aid after posting an $11.5 billion loss for the first quarter of 2010, the latest sign that the bailout of the mortgage investor and its main rival, Freddie Mac, is likely to be the most expensive legacy of the U.S. housing-market bust.
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