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Miami discontinues adding investments to mortgage giants, plans to continue to keep a quarter of investment portfolio ... - Read More

Date Added: August 07, 2008 05:04:04 PM
By Yudislaidy Fernandez Recent losses of mortgage giants Fannie Mae and Freddie Mac have led the City of Miami to stop adding investments in the two mortgage-market dominators, though it plans to continue to keep a quarter of its investment portfolio in them.

Category: Business & Economy » Finance and Investment » Mortgages


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