--- title: "Meaning & Key Takeaway of: These two entities—Fannie Mae and Freddie…" description: "\"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis,\" — Barney Frank" image: "https://sms4smile.com/quotes/i/1f5/barney-frank-3610_crisis_these-two-entities-fannie-mae-and-freddi_1871523.png" --- # These two entities—Fannie Mae and Freddie Mac—are not… ![“These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis,” quote by Barney Frank](https://sms4smile.com/quotes/i/1f5/barney-frank-3610_crisis_these-two-entities-fannie-mae-and-freddi_1871523.png) [Download](https://sms4smile.com/quotes/i/1f5/barney-frank-3610_crisis_these-two-entities-fannie-mae-and-freddi_1871523.png) [Open image](https://sms4smile.com/quotes/i/1f5/barney-frank-3610_crisis_these-two-entities-fannie-mae-and-freddi_1871523.png) > “These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis,” [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Fannie Mae and Freddie Mac are not experiencing a financial crisis. **In simple terms:** The two mortgage giants are not in crisis. Key Takeaway Recognize the stability of these entities. Themes economy housing policy Mood neutral informative Type economic analytical When to use this quote - mortgage market analysis - investment decisions - policy debate - media reporting Key Concepts systemic risk government-backed securities Questions to Reflect On - What evidence supports this claim? - How might this view affect investors? A Different Perspective Market perceptions may differ from reality. ★ ★ ★ ★ ★ No ratings yet [Crisis](https://sms4smile.com/quotes/about/crisis/) [Financial crisis](https://sms4smile.com/quotes/about/financial-crisis/) ## Related quotes > [These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis. The more people exaggerate these problems, the more…](https://sms4smile.com/quotes/barney-frank/these-two-entities-fannie-mae-and-freddie-mac-are-not-facing-any-kind/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie…](https://sms4smile.com/quotes/mark-zandi/there-is-plenty-of-blame-to-go-around-for-the-u-s-housing-bubble-but/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [We do not have a crisis at Freddie Mac, and particularly Fannie Mae, under the outstanding leadership of Frank Raines.](https://sms4smile.com/quotes/maxine-waters/we-do-not-have-a-crisis-at-freddie-mac-and-particularly-fannie-mae/) [Maxine Waters](https://sms4smile.com/quotes/author/maxine-waters/) > [Fannie Mae and Freddie Mac - two bloated and corrupt government-sponsored programs - contributed heavily to the crisis.In order to prevent another crisis, we…](https://sms4smile.com/quotes/carly-fiorina/fannie-mae-and-freddie-mac-two-bloated-and-corrupt-government/) [Carly Fiorina](https://sms4smile.com/quotes/author/carly-fiorina/) > [When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but…](https://sms4smile.com/quotes/peter-lynch/when-you-start-to-confuse-freddie-mac-sallie-mae-and-fannie-mae-with/) [Peter Lynch](https://sms4smile.com/quotes/author/peter-lynch/) > [Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of…](https://sms4smile.com/quotes/j-c-watts/well-mark-i-led-the-charge-for-five-or-six-years-to-get-reforms-for/) [J. C. Watts](https://sms4smile.com/quotes/author/j-c-watts/) > [These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities,…](https://sms4smile.com/quotes/george-soros/these-public-private-partnerships-are-very-very-dangerous-the-most/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the…](https://sms4smile.com/quotes/walter-e-williams/one-third-of-the-15-trillion-of-mortgages-in-existence-in-2008-are/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to…](https://sms4smile.com/quotes/gary-h-stern/re-gses-like-freddie-mac-fannie-mae-creditors-will-continue-to/) Gary H. Stern > [“For that purpose, partly as the result of Ranieri’s persistent lobbying, two new facilities had sprung up in the federal government alongside Ginnie Mae.…](https://sms4smile.com/quotes/michael-lewis/for-that-purpose-partly-as-the-result-of-ranieri-s-persistent/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [Freddie Mac and Fannie Mae, although they're not officially debt of the federal government, they are off-balance-sheet debt.](https://sms4smile.com/quotes/john-thune/freddie-mac-and-fannie-mae-although-they-re-not-officially-debt-of/) [John Thune](https://sms4smile.com/quotes/author/john-thune/) > [Congress created Fannie Mae in 1938 and Freddie Mac in 1970. For many years, these institutions prudently pursued their core mission of enhancing the…](https://sms4smile.com/quotes/jerome-powell/congress-created-fannie-mae-in-1938-and-freddie-mac-in-1970-for-many/) [Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/) > [Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and…](https://sms4smile.com/quotes/alex-berenson/although-not-well-known-outside-wall-street-freddie-mac-and-its/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-sighted.](https://sms4smile.com/quotes/bethany-mclean/fixing-fannie-mae-and-freddie-mac-in-isolation-without-looking-at-the/) [Bethany McLean](https://sms4smile.com/quotes/author/bethany-mclean/) > [The government-sponsored institution Fannie Mae, when I look at its risks, seems to be sitting on a barrel of dynamite, vulnerable to the slightest…](https://sms4smile.com/quotes/nassim-nicholas-taleb/the-government-sponsored-institution-fannie-mae-when-i-look-at-its/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) ## More by Barney Frank > [Moderate Republicans are reverse Houdinis. They tie themselves up in knots and then tell you they can’t do anything because they’re tied up in…](https://sms4smile.com/quotes/barney-frank/moderate-republicans-are-reverse-houdinis-they-tie-themselves-up-in/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [I think there were two criticisms you can make of Donald Trump's involvement in the Health Care Bill. First of all, there were times…](https://sms4smile.com/quotes/barney-frank/i-think-there-were-two-criticisms-you-can-make-of-donald-trump-s/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [When community action was put into federal law in the early sixties as part of the effort to combat poverty and social injustice, I…](https://sms4smile.com/quotes/barney-frank/when-community-action-was-put-into-federal-law-in-the-early-sixties/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [Donald Trump has done more for getting people to understand the importance of public policy that respond to public needs in an affirmative way…](https://sms4smile.com/quotes/barney-frank/donald-trump-has-done-more-for-getting-people-to-understand-the/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [Before this learning experience, I had assumed that with regard to programs that sought to help people out of poverty, the political world was…](https://sms4smile.com/quotes/barney-frank/before-this-learning-experience-i-had-assumed-that-with-regard-to/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [The regulation of medicine has been a State function.](https://sms4smile.com/quotes/barney-frank/the-regulation-of-medicine-has-been-a-state-function/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [For most of my life, I have eaten to deal with stress.](https://sms4smile.com/quotes/barney-frank/for-most-of-my-life-i-have-eaten-to-deal-with-stress/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [They have to convert our agenda into something aggressive. 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I understand the rap on me and other liberals is, oh, we…](https://sms4smile.com/quotes/barney-frank/i-have-done-a-lot-of-work-for-affordable-housing-rental-housing-i/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [The most active people in the country know different things, and because each one tends to hear mostly and deal mostly with people with…](https://sms4smile.com/quotes/barney-frank/the-most-active-people-in-the-country-know-different-things-and/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [I can tell you about health care and also about the financial reform bill. The Barack Obama, the President personally and his administration officials…](https://sms4smile.com/quotes/barney-frank/i-can-tell-you-about-health-care-and-also-about-the-financial-reform/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [In America, unlike England, unlike Israel, unlike Japan, other democracies, we have elections that have staggered terms.](https://sms4smile.com/quotes/barney-frank/in-america-unlike-england-unlike-israel-unlike-japan-other/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) > [Ronald Reagan got a lot of democrats. I wish he hadn't. I got to Congress with Reagan coming to the Whitehouse. The Reagan Program,…](https://sms4smile.com/quotes/barney-frank/ronald-reagan-got-a-lot-of-democrats-i-wish-he-hadn-t-i-got-to/) [Barney Frank](https://sms4smile.com/quotes/author/barney-frank/) [Explore all 126 Barney Frank quotes ](https://sms4smile.com/quotes/author/barney-frank/) ## More Crisis quotes > [People in great groups have blinders on. Their work is all they see. They value failures as learning opportunities. They are optimistic, not realistic,…](https://sms4smile.com/quotes/warren-g-bennis/people-in-great-groups-have-blinders-on-their-work-is-all-they-see/) [Warren G. 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Each of us, to relieve his feelings, broadcasts his…](https://sms4smile.com/quotes/jan-struther/things-happen-too-quickly-crisis-follows-crisis-the-soil-of-our-minds/) [Jan Struther](https://sms4smile.com/quotes/author/jan-struther/) > [When this coronavirus crisis is over, what kind of society will we be? A more important question is what kind of society do we…](https://sms4smile.com/quotes/caroline-lucas/when-this-coronavirus-crisis-is-over-what-kind-of-society-will-we-be/) [Caroline Lucas](https://sms4smile.com/quotes/author/caroline-lucas/) > [The average ordinary citizen can do a lot of different things when it comes to the climate crisis.](https://sms4smile.com/quotes/lawrence-bender/the-average-ordinary-citizen-can-do-a-lot-of-different-things-when-it/) [Lawrence Bender](https://sms4smile.com/quotes/author/lawrence-bender/) > [The turning points of lives are not the great moments. 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