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IPFS News Link • Housing

China Could Dump Its Massive Fannie And Freddie Holdings

06-18-2010 • Businessinsider.com/

Who is the largest foreign holder of mortgage bonds from Fannie Mae and Freddie Mac? China. The nation owns $300 - $400 billion worth, which comes to nearly 20% of China's official currency reserves according to unofficial estimates via China Daily.

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Reported By Jack Gregson

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