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Back to borrowing: U.S. debt rises again following lawmakers’ deal

The U.S. Treasury moved quickly to feed the country’s appetite for borrowing after an 11th hour political deal lifted the debt ceiling to avoid default, data showed Friday. Treasury figures showed the government went to the markets for an additional $300 million almost as soon as the $16.7 trillion cap…

Mortgage-backed securities that brought about the financial crisis earned the U.S. Treasury $25 billion

The US Treasury said Monday it had earned $25 billion from investments it made in mortgage-backed securities during the height of the financial crisis in 2008-2009. Announcing the completion of its disposal of its position in the securities, which were at the center of the meltdown of the financial system,…

Fannie Mae seeks $5.1 billion more from taxpayers

WASHINGTON (Reuters) – Mortgage finance giant Fannie Mae said it would ask for an additional $5.1 billion from taxpayers as it continues to suffer losses on loans made prior to 2009. The largest U.S. residential mortgage funds provider on Friday also reported a second-quarter net loss attributable to common shareholders…

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