Difference between revisions of "Fannie Mae"
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| − | '''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 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]]). |
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| + | [[Category:Banking]] | ||
Revision as of 00:44, September 22, 2008
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).