 ABC News | Treasury set to bail out Fannie Mae, Freddie Mac MarketWatch - By MarketWatch The Treasury Department is expected to announce as early as this weekend a plan to bail out and recapitalize collapsing home mortgage giants Fannie Mae and Freddie Mac in one of the biggest government rescues in US history. Video: Obama Calls for Changes in Mortgage Giants Risky mortgages threaten to keep housing market down |