Relevant:
- Ginnie to Adopt GSE Data Delivery Standards
- 'Massive fraud' at center of trial against BofA over U.S. mortgages
- Lawmakers Propose Replacing Fannie and Freddie With Government-run Utility
- GUEST POST: Welcome to Freddie and Fannie's Mortgage Shell Game, By Shawn T. Newman, J.D.
- Hedge Funds Drawn to Fannie-Freddie Risk-Sharing Plan: Mortgages
2008-01-23 — thestreet.com
'As the largest purchaser of U.S. mortgages, Fannie Mae provides an essential backstop to the housing market. The government-sponsored entity, like its brother Freddie Mac purchases mostly standard 80% loan-to-value mortgages -- those for which the homebuyer puts down 20% equity.'
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