Why It Matters
If it weren’t for Fannie Mae and Freddie Mac, fewer Americans would be homeowners today. Their role of creating a secondary mortgage market encourages banks to make home loans available to more Americans.
But when the bubble burst, the U.S. government had to put Fannie and Freddie into conservatorship and used taxpayer dollars to support the secondary mortgage market. Fortunately, Fannie and Freddie have returned to profitability. But changes are needed. Some even propose eliminating Fannie and Freddie.
But if they go away, who will be the champion for future homeowners? And what does that mean for your home’s value?
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Is America’s Housing Recovery and Your Home Value At Risk?
Watch This Quick Video to See Why the Future of Fannie and Freddie Matters to You and the Value of Your Home