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How will I know if my mortgage loan is Fannie Mae or Freddie Mac backed?
Fannie Mae headquarters in Washington D.C.
Govt backing Fannie Mae and Freddie Mac? "WASHINGTON - The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two…So much for housing market recovery:… Please don't blame S&P for having the balls and spines to downgrade USA's rating by a notch to AA+ from AAA but there may be darker side to the housing market: Fannie Mae and Freddie…Why are the taxpayers paying Fannie and… It appears our govt is buying up most the homes in America thru Fannie Mae and Freddie Mac. Now Fannie and Freddie Mac need another 10 Billion of the Americans tax dollars to buy up…