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A Gift Horse For Fannie & Freddie?
people ), Washington Mutual (nyse: WM - news - people ) and Wells Fargo (nyse: WFC - news - people ) announced recently that they will all offer both prime and subprime borrowers who are more than three months behind a chance to halt foreclosure proceedings for 30 days and work out new loan terms.

Fannie Mae (nyse: FNM - news

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