As the business of making and trading mortgages has deteriorated over the past year, one of the few market segments still functioning smoothly was that managed by Fannie Mae and Freddie Mac, two companies chartered by the government to keep mortgage money flowing. -
Investors Dump Securities From Fannie, Freddie
As the business of making and trading mortgages has deteriorated over the past year, one of the few market segments still functioning smoothly was that managed by Fannie Mae and Freddie Mac, two companies chartered by the government to keep mortgage money flowing.-
By David S. Hilzenrath