The Story of Fannie Mae and Freddie Mac

Dive into the history of Fannie Mae and Freddie Mac, the institutions that revolutionized home ownership in the US. Learn about how Fannie Mae and Freddie Mac were created to provide liquidity to banks and offer more favorable lending terms to home buyers.
- The creation of Fannie Mae after FHA in 1938
- How Fannie Mae made home ownership more accessible
- The role of Fannie Mae in providing liquidity to banks
- The establishment of Freddie Mac in 1970 as competition to Fannie Mae
- The importance of Fannie Mae and Freddie Mac in the US housing market
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00:00 The History of Fannie MaeIntroduction
00:26 Fannie Mae's Role in Providing Liquidity
01:34 The Purpose and Function of Fannie Mae
02:22 Introduction of Freddie Mac