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  1. Freddie Mac could lose $20-$40 billion in 2009: Friedman (Reuters)
    (Reuters) - Freddie Mac could post losses totaling $20 billion to $40 billion in 2009, hurt by higher credit costs and write-downs in mortgage assets, an analyst at Friedman Billings Ramsey said.
  2. Shamed bank bosses FINALLY cave in after PM orders them to pass on 1.5% cut to Britain's homeowners (Daily Mail)
    Banking giants were today shamed into slashing their mortgage rates following a direct order from the Prime Minister. The move will be cheered by more than one million homeowners.


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