Mortgage finance companies Fannie Mae and Freddie Mac could need to draw as much as $190 billion in additional taxpayer aid if the economy suffered a severe downturn, their regulator said on ... more 
Mortgage finance companies Fannie Mae and Freddie Mac could need to draw as much as $190 billion in additional taxpayer aid if the economy suffered a severe downturn, their regulator said on Wednesday. The Federal Housing Finance Agency, which oversees the two taxpayer-owned companies, offered the estimate as the worst-case scenario in an analysis modeled on the stress tests conducted on the nation's biggest banks. The stress tests are required by the Dodd-Frank Act and are designed to determine whether regulated entities have enough capital to weather adverse economic conditions. less 
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Wed, Apr 30, 2014 12:10 PM EDT