Download or read book Housing Enterprises written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1996-12 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal National Mortgage Assoc. (Fannie Mae) & the Federal Home Loan Mortgage Corp. (Freddie Mac) are government-sponsored enterprises with about $1.4 trillion in combined obligations as of Dec. 1995. This report was produced in response to growing concern about the potential risk that these obligations represent to taxpayers & increasing questions about the continued need for their government-sponsored status. It responds to the questions concerning the implications of privatizing Fannie Mae & the Freddie Mac & allowing them to operate as private corporations.