Topic: Federal National Mortgage Association
The White House proposes to 'wind down' mortgage giants Fannie Mae and Freddie Mac. But they've been deeply entwined in the US mortgage market for decades. A look at how we got here.
02/11/2011 05:49 pm
A more realistic view is that a housing boom and bust happened to strike a fragile financial system whose fragility was worsened by ill-conceived government interventions.
07/09/2010 03:36 pm
The mortgage giants used everything from lobbying to charity to maintain their special status.
09/12/2008 01:00 am
Federally linked entities like Fannie Mae now back 98 percent of home loans sold by banks.
05/08/2008 01:00 am