Reassessing the government-sponsored entities
The government is currently debating what role the government-sponsored entities (the GSEs) will have in the future of mortgage finance. Fannie Mae and Freddie Mac have historically been a conduit for mortgage lending, and their guarantee of mortgage-backed securities makes possible the 30-year mortgage that most Americans take as their birthright. We’ll look at the future of mortgage finance in this multi-part article.
We’ll start with a brief introduction to Fannie Mae and Freddie Mac and their role in mortgage finance.
- Part 1 - Must-know: The future of U.S. government-sponsored entities
- Part 2 - The mortgage market: Understanding government-sponsored entities
- Part 3 - The role of Fannie Mae and Freddie Mac during the housing bubble
- Part 4 - The role of Fannie Mae and Freddie Mac post-bubble
- Part 5 - The mortgage market without the government-sponsored entities
- Part 6 - Ending government-sponsored entities will affect mortgage REITs
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