Changes

Jump to navigation Jump to search
448 bytes added ,  01:54, December 23, 2008
added lobbying
Line 1: Line 1:  
'''Fannie Mae'''  is the common name for the Federal National Mortgage Association (FNMA). <ref>[http://www.visualthesaurus.com/cm/wordroutes/1529/ Blaming Fannie and Freddie], Ben Zimmer, ''Visual Thesaurus'', September 16, 2008</ref> Fannie Mae is a company that deals with the secondary [[mortgage]] market. It was founded by the U.S. government in order to provide liquidity for mortgages. The company was bailed out by the US Government in 2008 (along with [[Freddie Mac]]).
 
'''Fannie Mae'''  is the common name for the Federal National Mortgage Association (FNMA). <ref>[http://www.visualthesaurus.com/cm/wordroutes/1529/ Blaming Fannie and Freddie], Ben Zimmer, ''Visual Thesaurus'', September 16, 2008</ref> Fannie Mae is a company that deals with the secondary [[mortgage]] market. It was founded by the U.S. government in order to provide liquidity for mortgages. The company was bailed out by the US Government in 2008 (along with [[Freddie Mac]]).
 +
 +
==Lobbying==
 +
The top three recipients of campaign contributions from Fannie Mae over the last two decades were all Democrats. <ref>[http://www.foxnews.com/politics/2008/12/22/white-house-fires-times-housing-meltdown-story/ White House Fires Back at Times Over Housing Meltdown Story] Fox News, December 22, 2008</ref>
 +
No.1 Connecticut Senator [[Chris Dodd]] 
 +
No.2 Illinois Senator [[Barack Obama]] 
 +
No.3 Massachusetts Senator [[John Kerry]]
    
==References==
 
==References==
Siteadmin, Check users, oversight, Administrators
20,682

edits

Navigation menu