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Jul
14th
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Spotlight: Fannie and Freddie

dihard:

Who (or rather what) They Are: No, they’re not real people.  They are nicknames for companies:
Fannie Mae = Federal National Mortgage Association
Freddie Mac = Federal Home Loan and Mortgage Corporation

(more)

[what i learned today]

FINALLY, someone writes a concise explanation. I’ve been feeling like an idiot for not knowing the details of Fannie and Freddie with them in the news everyday with hardly an appositive for context.

Source: dihard
[18]
  1. klaatu reblogged this from dihard
  2. frecklesmakemestrong reblogged this from dihard and added:
    great laymen’s breakdown...Economist discusses the federal bailout of Fannie
  3. jjk reblogged this from dihard and added:
    Interesting read....were nicknames…
  4. ceeana reblogged this from dihard
  5. hilker reblogged this from dihard
  6. whatson reblogged this from dihard
  7. srs reblogged this from dihard
  8. continuum reblogged this from dihard
  9. sciencevsromance reblogged this from dihard and added:
    FINALLY, someone writes...concise explanation. I’ve been feeling like an idiot
  10. dhk reblogged this from dihard
  11. vikax reblogged this from dihard
  12. dihard posted this