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Updated from 8:52 p.m. EDT
The Treasury Department and the Federal Reserve Sunday said they would take steps to restore confidence in troubled mortgage finance giants Fannie Mae(FNM Quote) and Freddie Mac(FRE Quote).
The Treasury's plan, outlined in a statement from Treasury Secretary Henry Paulson, will temporarily increase the department's lines of credit for the two government-sponsored companies.
It also will give the Treasury temporary authority to purchase equity in the two companies as needed, to ensure they have adequate capital to fulfill their missions. ...
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