Macro | Housing Market Strengthens | Sep 9th-Sep 15th
The Mortgage Industry is getting back up on its feet (finally) Fannie Mae and Freddie Mac, two of the United State's largest Government-Sponsored Enterprises (GSEC) are taking steps to bail themselves out from full control of the government. These two companies guarantee housing mortgages to customers from the private sector to the government. Both companies have their own backstory on how the government gained control of them, but it all comes together starting the 2008 housing financial crisis
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