U.S. Government Note $ 15,000,000,000 to be two major mortgage providers to save.

In order to save the troubled mortgage lender Fannie Mae (Fannie Mae) and Freddie Mac (Freddic Mac), to avoid the overall U.S. housing market collapse, the U.S. Treasury Secretary Henry Paulson plans of up to 150 billion dollars into the same time, the Ministry of Finance is .shares of the companies recommended. .<P> (Http://finance.) Paulson ruled out the government once again the possibility of nationalizing the two mortgage business because of the nationalization measures will make to the U.S. fiscal deficit. .Paulson said that because Fannie Mae and Freddie Mac play an important role on the U.S. housing market, Treasury's top priority is the two companies to help them. .The department is working with the authorities and to maintain close dialogue with the two mortgage providers. .</ P> <P style=MARGIN: 0px> Treasury's capital injection plan, expected by the Federal Reserve (Fed) Discount Window. .Fed's discount window is an important short-term emergency funding source. .Fed Board said it has authorized the New York Fed, where necessary, to Fannie Mae and Freddie Mac loans, and in accordance with the implementation of the best lending rate, the best lending rate or discount lending rate is currently 2.25%. .</ P> <P> the Ministry of Finance called for a temporary increase the two companies were able to obtain from the federal government 2.25 billion line of credit limit, the proposal still needs congressional approval. .A senior Treasury official declined to say how much the new loan amount, he said only that it is temporary, may be the 18-month period, while the size, terms and conditions of the instructions according to Minister of Finance. .</ P> <P> The plan also would authorize the Treasury Department, where necessary, the acquisition of the shares of any company. .The senior Treasury official said, when necessary, the acquisition details will be in consultation with the companies identified. .He declined to disclose the possible acquisition of the situation, uncertain whether the preferred stock or some other form of acquisition of shares or whether you may dilute existing shareholders. .</ P> <P align=center> diluted shareholders </ P> <P> U.S. Treasury capital injection plan, for the restoration of market confidence is of great significance, thus causing great concern of the authorities. .Injection scheme is conducive to U.S. housing market, but may be Fannie Mae and Freddie Mac shareholders would suffer. .In this scheme, the U.S. government will get more Fannie Mae and Freddie Mac shares, as a capital injection in exchange. .This behavior will greatly diluted shareholders. .</ P> <P> brokerage analyst at Fox-Pitt Kelton Shapi Luo said the government would take action, but the effort fell short of expectations. .He believes that Fannie Mae and Freddie Mac, the basic situation remains relatively good. .He also added that the initiatives taken by Paulson to deal with changes in market psychology play a role, and to help the two mortgage business back on track. .</ P> <P> BGC Partners Partner Buick that Fannie Mae and Freddie Mac, the U.S. financial sector, "spine", the Government will not let them close down the mortgage business. .Whatever the solution, both companies will be very difficult to take into account the interests of shareholders. .</ P> <P> Fannie Mae and Freddie Mac, the U.S. government-sponsored joint-stock companies. .The two companies purchase mortgage assets, and then packaged into securities sold to investors. .Three-quarters of new U.S. mortgage business, are associated with both companies. .</ P> <P align=center> two companies accounted for nearly half the U.S. mortgage market </ P> <P style=MARGIN: 0px> Fannie Mae and Freddie Mac have the guarantee of the mortgage, the United States accounting for almost .12 trillion mortgage market in half. .Therefore, the two companies for the normal operation of the U.S. housing market has played a crucial role. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> Fannie Mae, formally known as Federal National Mortgage Association (Federal National Mortgage Association), the company was founded in the last century, three .years on behalf of the Great Depression, when the role is to provide sufficient funds to mortgage banks. .Freddie Mac was established in the seventies of last century, whose official name is Federal Home Loan Mortgage Corporation (Federal Home Loan Mortgage Corporation). .Freddie Mac, the second-largest U.S. mortgage providers. .</ P> <P> the U.S. government to rescue Fannie Mae and Freddie Mac, the news last week, the impact on global stock markets, but also dragged down the market value of the two lost nearly half of the mortgage business. .Financial markets will continue to spread negative messages. .Market is estimated that Citigroup will burst in the second quarter write-off at least $ 8,000,000,000, Merrill Lynch's write-off amount may reach 40 billion U.S. dollars. .</ P>.