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Fannie Mae and Freddie Mac
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Fannie Mae and Freddie Mac : Background, Reforms and Legislation

Book Details

Format Hardback or Cased Book
ISBN-10 153618652X
ISBN-13 9781536186529
Publisher Nova Science Publishers Inc
Imprint Nova Science Publishers Inc
Country of Manufacture US
Country of Publication GB
Publication Date Oct 9th, 2020
Print length 313 Pages
Weight 578 grams
Product Classification: Finance & accounting
Ksh 36,700.00
Not available 0 in stock

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Congress chartered Fannie Mae and Freddie Mac, also known collectively as the government-sponsored enterprises (GSEs), to promote homeownership for underserved groups and locations by providing liquidity to the secondary mortgage market. National mortgage rates tend to fall as the supply of funds in this market increases, making homeownership more affordable. This book describes Fannie Mae''s and Freddie Mac''s activities and mission and summarizes the progress made to date on FHFA''s initiatives.

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