Fannie Mae and Freddie Mac are the official nicknames of two federally-funded mortgage/property associations. The full title of Fannie Mae is the Federal National Mortgage Association, Freddie Mac is the Federal Home Loan Mortgage Corporation. These are two government-sponsored enterprises that had a large part in the 2008 mortgage crisis and are now under federal conservatorship.
Fannie Mae and Freddie Mac are the official nicknames of two federally-funded mortgage/property associations. The full title of Fannie Mae is the Federal National Mortgage Association, Freddie Mac is the Federal Home Loan Mortgage Corporation. These are two government-sponsored enterprises that had a large part in the 2008 mortgage crisis and are now under federal conservatorship.