The Real Deal Miami

Fannie, Freddie could need liquidation

May 12, 2009 12:46PM

An Obama administration analysis released today says that federally run mortgage finance companies Fannie Mae and Freddie Mac eventually may need to be liquidated. The companies, which have already received or requested $78.8 billion in aid, will need at least another $92.2 billion to survive. Possible solutions for the two companies include winding down their operations and liquidating their assets or turning them back into government-sponsored companies, the report says.