(Reuters) - Both Fannie and Freddie had capital reserves that topped the temporary, 30 percent surplus mandated by the Office of Federal Housing Enterprise Oversight.
Fannie Mae had a 10.9 percent surplus above the mandated level, while Freddie's reserves were 7.7 percent above the 30 percent surplus ordered since the companies were shaken by accounting scandals.
Read more at Reuters.com Bonds News
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