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Obama to tap official to oversee Fannie, Freddie

WASHINGTON, Nov 12 (Reuters) - President Barack Obama plans on Friday to nominate North Carolina's top bank regulator, Joseph Smith, to head the U.S.

agency that oversees Fannie Mae and Freddie Mac, an administration official said. (Reporting by Steve Holland and Ross Colvin) Keywords: USA HOUSING/SMITH COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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