US housing agency rehires sacked Fannie and Freddie staff ahead of IPO, FT reports
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Sept 6 (Reuters) - The U.S. government agency overseeing state-backed mortgage companies Fannie Mae and Freddie Mac is rehiring some of the employees it fired earlier this year as it prepares for their $30 billion listing, the Financial Times reported on Saturday.The Federal Housing Finance Agency has in recent weeks requested several employees it had laid off over the spring and summer to come back to work, the report said, citing people familiar with the matter.
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