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Cuomo Pushes Fannie, Freddie To Curb 'Balloon' Payments

By Pete Brush (April 9, 2013, 1:39 PM EDT) -- Gov. Andrew Cuomo on Tuesday urged Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency, to join private banks in helping New York mortgage holders affected by Superstorm Sandy avoid looming "balloon repayment" obligations as storm-related grace periods come to an end....

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