One of Freddie Mac’s key priorities – as defined by our regulator and conservator, the Federal Housing Finance Agency – is providing constant, stable support to the housing market. Throughout the housing crisis, we’ve continued to supply an ongoing stream of funding for mortgages, every day, in all geographic markets. In fact, Freddie Mac and Fannie Mae together funded almost three quarters of all mortgage loans originated last year. And we’ve done this at a time when most other sources of liquidity have dried up. Even when private label investors abandoned the market, Freddie Mac continued to serve our mission on behalf of homeowners and renters across the nation.
Serving the Housing Market in Good Times and Bad
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Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.