A bailout, then 18 years of US govt control: Why Fannie Mae, Freddie Mac mattered in 2008 housing crisis

Fannie Mae and Freddie Mac entered government conservatorship in 2008. These mortgage giants remain under federal control after eighteen years. Treasury invested over $191 billion in the companies between 2008 and 2017. Recent agreements address their eventual release from government oversight. However, a definitive timeline for their exit from conservatorship is not yet confirmed.

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