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18 yrs ago, US govt took over 2 mortgage-finance giants amid 2008 crisis: Why it mattered

Global - Asia Archived September 7, 2026
18 yrs ago, US govt took over 2 mortgage-finance giants amid 2008 crisis: Why it mattered
Fannie Mae and Freddie Mac entered government conservatorship in 2008. These mortgage giants remain under federal control after eighteen years. Treasury invested over $191 billion in the companies between 2008 and 2017. Recent agreements address their eventual release from government oversight. However, a definitive timeline for their exit from conservatorship is not yet confirmed.
Source: Times of India | https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original

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