Fannie mae and you will Freddie Mac: An overview

How they enhance the financial markets and gives COVID-19 mortgage save

Kirsten Rohrs Schmitt was an established elite group editor, copywriter, proofreader, and fact-checker. She’s experience in loans, expenses, a residential property, and you may community background. During the woman industry, she’s authored and modified articles to own numerous user periodicals and you may websites, designed resumes and social networking blogs having advertisers, and you can created security getting academia and you will nonprofits. Kirsten is also the creator and you may manager of the Most useful Revise; select the lady to your LinkedIn and you can Twitter.

Fannie mae and Freddie Mac computer is federally backed mortgage loan organizations developed by the usa Congress. None organization originates otherwise functions its very own mortgage loans. Instead, they buy and verify mortgages granted through loan providers in the supplementary home loan industry. Continue Reading