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www.rereresidency.com – Federal Reserve Board Extends Period for Purchasing - On September 23, 2009, the Federal Reserve Board (Fed) announced that economic activity is picking up, noting that there is increased activity in the housing sector. The Fed reaffirmed its ongoing program to purchase a total of $1.25 trillion of Fannie Mae and Freddie Mac mortgage-backed securities and up to $200 billion of their debt. (All Small Businesses) Views:

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