Banks 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

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

Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership…

— Charles Duhigg

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

“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

You can design a mortgage system that is different without a Fannie and Freddie, but there are principles you have to have, to have…

— Jamie Dimon

Analysts say that one reason Fannie Mae and Freddie Mac were privatized in the first place was to prevent political whims from dominating the…

— Charles Duhigg

Fannie Mae and Freddie Mac - two bloated and corrupt government-sponsored programs - contributed heavily to the crisis.In order to prevent another crisis, we…

— Carly Fiorina

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

When you say "bank," a bank is a building, a set of computers and chairs and things. The bankers are the people running these…

— Michael Hudson

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

— Barney Frank

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in…

— Franklin Raines