Heterodox
[unable to retrieve full-text content]Fanny Mae and Freddy Mac are the nicknames for two mortgage giants that back about 70% of U.S. mortgages and have been under government conservatorship since the 2008 financial crisis. “Fannie Mae and Freddie Mac don’t issue mortgages directly. They purchase loans from lenders and package them into securities sold to investors. This process ensures […] The post Trump vs Fannie Mae and Freddy Mac appeared first on Angry Bear.
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