FANNIE AND FREDDIE – 10/2/19

 Treasury Secretary Hank Paulson announced on 9/07/08 (i.e., 11 years ago) the government’s plan to take control of mortgage giants Fannie Mae and Freddie Mac.  Fannie and Freddie received $191 billion of taxpayer aid but have paid back $297 billion (source: Treasury Department).

*The views, articles, postings and other information listed on this website are personal and do not necessarily represent the opinion or the position of American Pacific Mortgage Corporation.

Scroll to Top