Tag: Freddie Mac

How Fannie Mae & Freddie Mac Were Taken Over By The Government

January 1, 2019
How Fannie Mae & Freddie Mac Were Taken Over By The Government

    In the summer of 2008 the federal government said at the height of the mortgage crisis that Fannie Mae and Freddie Mac had unfledged assets of $1.5 trillion. On September 7, 2008 the government announced that it was seizing control of Fannie Mae and Freddie Mac. A Few Weeks Later On September 7, […]

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