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Re: lil green bull post# 68075

Sunday, 06/16/2013 12:44:26 AM

Sunday, June 16, 2013 12:44:26 AM

Post# of 866613
White House says: FNMA IS A PRIVATEly owned company(!): The Federal National Mortgage Association (Fannie Mae) is a
Government-sponsored enterprise (GSE) in the housing finance
market. As a housing GSE, Fannie Mae is a federally chartered,
privately owned company
with a public mission to provide stabil-
ity in and to increase the liquidity of the residential mortgage
market and to help increase the availability of mortgage credit
to low- and moderate-income families and in underserved areas.
Fannie Mae engages primarily in two forms of business: guaran-
teeing residential mortgage securities and investing in portfolios
of residential mortgages


http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/gov.pdf

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