Fannie Mae's and Freddie Mac's Financial Problems

This report presents, in analytical question and answer form, the issues surrounding the financial conditions of Fannie Mae and Freddie Mac, which are stockholder-owned government-sponsored enterprises (GSEs). Their federal charters give the GSEs special public policy goals to provide liquidity in the mortgage market and to provide access to homeownership for underserved groups and locations. In return, their charters give the GSEs a special relationship with the government. On September 7, 2008, the federal government took control of the GSEs from their stockholders and management in a process known as conservatorship. The goal of conservatorship is to restore the GSEs' financial strength and to return control to their stockholders and management. Conservatorship is discussed in more detail later in this report. A glossary of terms is included at the end of this report. The 112th Congress is likely to consider the future of the GSEs and ways to reduce the cost to the federal government. This report will be updated as warranted. .


This package includes following files:

#	File Name	Document Date	Order ID:	Number of Pages	Price
1	RL34661_08_24_2011.pdf	Mar 25, 2011	RL34661	21	$29.95	Add to Cart

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