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US-ECONOMY-PROPERTY

A view of Fannie Mae headquarters is seen on July 14, 2008 in Washington, DC. Shares in Fannie Mae and Freddie Mac appeared to steady Monday after a near-meltdown last week, as investors mulled a weekend plan offering a government lifeline for the US mortgage finance giants.Freddie Mac's shares shot up as much as 26 percent, then fell eight percent before steadying with a modest gain of 1.4 at 7.76 dollars at 1440 GMT. Fannie Mae erased its 31 percent opening gain, then fell nine percent, and was clinging to a small three percent gain at 10.58 dollars.




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Last update: Monday, July 14, 2008; 10:18 AM Pacific.
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Last update: Monday, July 14, 2008; 10:18 AM Pacific.


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