Government Sponsored Entities: Fannie Mae and Freddie Mac
Ramon P. DeGennaro
University of Tennessee, Knoxville - Department of Finance
The Journal of Structured Finance 14, No. 1, pp. 18-22, Spring 2008
The US Government's influence is large in many areas and the financial sector is no exception. This article provides a brief overview of two Government Sponsored Entities that dominate the market for mortgages in the United States: The Federal National Mortgage Association, better known as Fannie Mae (or just Fannie), and the Federal Home Loan Mortgage Corporation, or Freddie Mac (Freddie).
Number of Pages in PDF File: 13
Keywords: Fannie Mae, Freddie Mac, GSE
JEL Classification: G18, G21, G28, L85
Date posted: June 11, 2008 ; Last revised: August 14, 2008
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