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Thursday, July 25, 2024

Senate on course to vote Saturday on housing bill

WASHINGTON (Reuters) - The Senate was on course for a Saturday vote to approve a major housing market rescue bill offering a lifeline to mortgage finance giants Fannie Mae and Freddie Mac, and bond market action on Thursday indicated investors were encouraged by the progress.

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WASHINGTON (Reuters) – The Senate was on course for a Saturday vote to approve a major housing market rescue bill offering a lifeline to mortgage finance giants Fannie Mae and Freddie Mac, and bond market action on Thursday indicated investors were encouraged by the progress.