Real Estate News: US Government Bails Out Fannie Mae FNMA and Freddie Mac FHMLCFannie Mae and Freddie Mac have always been privately owned and government sponsored lenders designed to help more Americans become homeowners. Recently, the US Government took over and now owns 80% of both Fannie Mae and Freddie Mac. Read the News Articles:
What are the implications? I do not know enough to speculate, so here are some articles that may shed some insight:
Thanks for reading our Colorado Springs Real Estate Blog! Posted on September 9th, 2008 by Mariana Wagner
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