Monday, 07 September 2026
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Nº 58 Monday, 07 September 2026
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18 yrs ago, US govt took over 2 mortgage-finance giants amid 2008 crisis: Why it mattered

18 yrs ago, US govt took over 2 mortgage-finance giants amid 2008 crisis: Why it mattered
Sources: Times of India

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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