Today I heard a commentator compare Fannie Mae and Freddie Mac to distant cousins you vaguely know but dont hear much about until they show up at a wedding and get totally drunk and trash the place, so why should we care about Freddie and Fannie? Fannie and Freddie are the two largest mortgage finance companies in the US, and hold about [...]
Why Do We Need Freddie and Fannie?
- By Michael McCann
- Posted
