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2. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

   en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

   Fannie Mae's former headquarters at 3900 Wisconsin Avenue, NW in Washington, D.C. In September 2008, the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance ...

3. Fannie Mae vs. Freddie Mac: What’s the difference? - AOL

   www.aol.com/finance/fannie-mae-vs-freddie-mac...

   Fannie Mae and Freddie Mac then either keep them or, more often, repackage them as mortgage-backed securities that can be sold to investors. By acting as a market-maker — that is, constant buyer ...

4. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   Franklin Raines earned $90 million in salary and bonuses while he was head of Fannie Mae. [258] Fannie Mae and Freddie Mac are government sponsored enterprises (GSE) that purchase mortgages, buy and sell mortgage-backed securities (MBS), and guarantee nearly half of the mortgages in the U.S. A variety of political and competitive pressures ...

5. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   Economist Paul Krugman and attorney David Min have argued that Fannie Mae, Freddie Mac, and the Community Reinvestment Act (CRA) could not have been primary causes of the bubble/bust in residential real estate because there was a bubble of similar magnitude in commercial real estate in America [71] — the market for hotels, shopping malls and ...

6. Fannie Mae vs. Freddie Mac: Key Differences - AOL

   www.aol.com/finance/fannie-mae-vs-freddie-mac...

   Fannie Mae and Freddie Mac: Basics Fannie Mae was created in 1938 as the Federal National Mortgage Association (FNMA), a financial organization that was owned by the government.

7. What is Fannie Mae? All about America’s big mortgage ... - AOL

   www.aol.com/finance/fannie-mae-america-big...

   Fannie Mae, like Freddie Mac, has a focus of keeping the mortgage market fluid and well-regulated, keeping credit and the flow of funds operating smoothly. Operates HomePath.