[3][4] the fhlmc was created in 1970 to expand the secondary market for mortgages in the us. Freddie mac was chartered by congress in 1970 to support the u.s Freddie mac's mission is to serve america's homebuyers, homeowners, and renters by equitably providing liquidity, stability, and affordability to the housing market
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Freddie mac is not a federal agency
Fannie mae and freddie mac — respectively the federal national mortgage association and federal home loan mortgage corp
Their mission is to provide liquidity, stability and affordability to the mortgage market. Freddie mac’s mission is to make home possible for families across the nation We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Fannie mae and freddie mac were created by congress
Fhfa director bill pulte said fannie mae and freddie mac will remain in conservatorship while the government plans to sell up to 5% of shares. For the real estate and mortgage industries, it remains to be seen how the new course the trump administration has set for fannie and freddie will impact homebuyers.
