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PRELIMINARYYPFSDISCUSSIONDRAFT|MARCH2020TheRescueofFannieMaeandFreddieMacModuleD: TreasurysGSEMBSPurchaseProgram1 MichaelZangerTishler2&RosalindZ.Wiggins3 November12,2018 Abstract Asthehousingcrisisescalatedduringthesecondhalfof2007,twogovernmentsponsored

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