Tag: Freddie Mac
How Fannie Mae & Freddie Mac Were Taken Over By The Government
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In the summer of 2008 the federal government said at the height of the mortgage crisis that Fannie Mae and Freddie Mac had unfledged assets of $1.5 trillion. On September 7, 2008 the government announced that it was seizing control of Fannie Mae and Freddie Mac. A Few Weeks Later On September 7, […]