HUD’s Regulation of Fannie Mae and Freddie Mac
HUD, the U.S. Department of Housing and Urban Development, regulates two housing government-sponsored enterprises, Fannie Mae and Freddie Mac (the GSEs), which were chartered by Congress to create a secondary market for residential mortgage loans. They are considered “government-sponsored” because Congress authorized their creation and established their public purposes.
Fannie Mae and Freddie Mac are the [...]
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