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Freddie Mac is a Shareholder Owned Government Sponsored Enterprise ''GSE'' Established by Congress to Provide a Cont  Form

Freddie Mac is a Shareholder Owned Government Sponsored Enterprise ''GSE'' Established by Congress to Provide a Cont Form

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thanks for joining us on income stacker where we talk about building passive income today we're gonna talk about the difference between Fannie Mae Freddie Mac and FHA and why is that important so the reason I'm presenting this is I've gotten a lot of questions people get very confused on the differences and what the role of each one is in the mortgage note business so I thought I'd go over today in a brief five-minute video to kind of clarify a few things so let's get started so Fannie Mae and Freddie Mac Fannie Mae quick overview was a result of the 1938 depression to encourage home ownership and Freddie Mac on the other hand was a result of government trying to increase the liquidity and provide a secondary market for loans what does that mean so basically the banks were lending money but they would run out of money so in order to put money back in the coffers the they came up with this Freddie Mac government entity that would buy the loans and then the bank would have their cash bac

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