Que es Fannie Mae y Freddie Mac?

¿Qué es Fannie Mae y Freddie Mac?

Fannie Mae y Freddie Mac son grandes empresas que garantizan la mayor parte de las hipotecas hechas en los EE. UU. En conjunto, también se les conocen como empresas patrocinadas por el gobierno (GSE, por sus siglas en inglés).

¿Qué banco es Bank of America?

Descripción: Bank of America Corp. es una de las mayores instituciones financieras del mundo y ofrece a individuos, negocios pequeños y medianos y grandes corporaciones una amplia gama de productos y servicios de banca, inversión, manejo de activos y de gestión financiera y de riesgo.

¿Qué es una propiedad Fannie Mae?

La Fannie Mae es una institución hipotecaria estadounidense encargada de garantizar préstamos asequibles y garantizados, para así favorecer el acceso a la vivienda en propiedad en Estados Unidos.

What does Freddie Mac stand for in mortgage?

Federal Home Loan Mortgage Corporation (Freddie Mac). A private corporation founded by Congress, the Federal Home Loan Mortgage corporation’s mission is to promote stability and affordability in the housing market by purchasing mortgages from banks and other loan makers.

Are Fannie Mae and Freddie Mac truly federally backed?

Both Fannie Mae and Freddie Mac often benefited from an implied guarantee of fitness equivalent to truly federally backed financial groups. As of 2008, Fannie Mae and Freddie Mac owned or guaranteed about half of the U.S.’s $12 trillion mortgage market.

How does Freddie Mac invest in the housing market?

Along with the Federal National Mortgage Association ( Fannie Mae ), Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market.

What is the history of the Freddie Mac company?

History. To provide competition for the newly private Fannie Mae and to further increase the availability of funds to finance mortgages and home ownership, Congress then established the Federal Home Loan Mortgage Corporation (Freddie Mac) as a private corporation through the Emergency Home Finance Act of 1970.