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WASHINGTON, DC-Conservatives who have been complaining about Fannie Mae and Freddie Mac’s legal issues, the government-backed mortgage firms, for years have now been proven right. However, now the same critics are being asked to answer many tough questions about the future of mortgage giants should be.

House Republicans, headed by Rep. Jeb Hensarling of Dallas, stated that the government’s participation in the housing market had to be controlled abolishing Fannie and Freddie. However, lawmakers want to restructure them. For the full story, go to Dallas Morning News.

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