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If you watched the news at all this weekend you surely would have seen the big story about Fannie Mae and Freddie Mac. The U.S. government has seized the two mortgage companies and will use taxpayer money to keep them afloat.

This is a very controversial move, but it should bring stability to the housing market and overall economy over time. 

Here are a few news artciles on this news:

http://www.marketwatch.com/news/story/us-government-takes-control-fannie/story.aspx?guid={C99D796B-CB3C-47A8-8A56-284A9A4D5C85}

http://money.cnn.com/2008/09/07/news/companies/fannie_freddie/index.htm?postversion=2008090711