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Article: Fussing and fuming over Fannie Mae and Freddie Mac.(Research Notes and News)
- Article from:
- EconSouth
- Article date:
- December 22, 2004
CopyrightCOPYRIGHT 2004 www.frbatlanta.org. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fannie Mae and Freddie Mac are the second- and third-largest U.S. companies and play a central role in housing finance markets. Both companies are considered government-sponsored enterprises (GSEs) because they maintain federal charters that confer a number of rights and responsibilities on them. The largest benefit to Fannie Mae and Freddie Mac of their GSE status is the financial market's perception that the federal government backs their financial obligations even though it explicitly does not.
Authors W. Scott Frame and Lawrence J. White describe the importance of this market perception and then examine five related research and public policy issues. These ...
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Article: Fannie Mae, Freddie Mac Met 2003 ...
AP Online;
October 15, 2004 ;
700+ words
... ... WASHINGTON Mortgage companies Fannie Mae and Freddie Mac last year met the government ... were designed to help Fannie Mae and Freddie Mac meet the affordable housing ... Without those deals, Fannie Mae and Freddie Mac would have fallen short ...
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