Analyst Quote by Charles Duhigg

In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, which were government-sponsored enterprises, which hold hundreds of billions…

— Ben Bernanke

Congress created Fannie Mae in 1938 and Freddie Mac in 1970. For many years, these institutions prudently pursued their core mission of enhancing the…

— Jerome Powell

Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans.

— Charles Duhigg

Fannie and Freddie are creations of government. They were given a huge leg up over their competitors.

— Nancy Pfotenhauer

Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of…

— J. C. Watts

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…

— Alex Berenson

These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis. The more people exaggerate these problems, the more…

— Barney Frank

“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.…

— Michael Lewis

These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis,

— Barney Frank

Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution. That entity, along with the Fed printing too…

— Dave Brat

“The not-so-astonishing results: By late 2008, Fannie and Freddie were on the verge of collapse and were taken over by the government. Thus their…

— Yaron Brook

Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-sighted.

— Bethany McLean