Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) that play a pivotal role in the U.S. housing finance system by purchasing and securitizing mortgages. They facilitate liquidity and stability in the mortgage market, ensuring that homebuyers have access to mortgage credit.
An in-depth look into the Freddie Mac accounting scandal of 2003, where fraudulent misstatements of earnings led to significant financial and legal repercussions.
An in-depth look at the Federal Home Loan Mortgage Corporation (FHLMC), also known as Freddie Mac, including its functions, history, structure, and significance in the U.S. mortgage market.
The Federal Housing Finance Agency (FHFA) is a U.S. government agency established in 2008 to oversee housing-related government-sponsored enterprises, including Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
A detailed overview of the Housing and Economic Recovery Act of 2008, its provisions, implications, and impact on the housing market and government-sponsored enterprises (GSEs).
An overview of the Income Tax Rebate Plan included in the 2008 economic stimulus bill proposed by President George W. Bush, detailing tax rebates, loan limit increases, and business incentives.
Freddie Mac, or the Federal Home Loan Mortgage Corp. (FHLMC), is a government-sponsored enterprise that specializes in purchasing, securitizing, and guaranteeing home loans to enhance the efficiency and stability of the mortgage market.
Understanding non-conforming mortgages, their characteristics, implications, and how they differ from conforming loans. Learn why some mortgages cannot be sold to Fannie Mae or Freddie Mac and explore the financial impacts.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.