Times of IndiaLean R·
18 yrs ago, US govt took over Fannie Mae, Freddie Mac amid 2008 crisis: Why it mattered
Fannie Mae and Freddie Mac entered government conservatorship in 2008. These mortgage giants remain under federal control after eighteen years. Treasury invested over $191 billion in the companies between 2008 and 2017. Recent agreements address their eventual release from government oversight. However, a definitive timeline for their exit from conservatorship is not yet confirmed.
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