freddie mac

Everything You Need to Know About Freddie Mac and Fannie Mae

The names Freddie Mac and Fannie Mae probably ring a bell, especially if you've applied for a mortgage lately — but who or what, are they, exactly?

How does the Fannie Mae and Freddie Mac bailout affect you?

Yesterday Henry Paulson decided to use the power given to him by the housing bailout bill to officially take over Fannie Mae and Freddie Mac. This is a decision that has a huge im