However, the government does not own the two companies. Instead, it holds warranties that allow it to buy a controlling amount of Fannie and Freddie stock at any time. The story is much the same with Freddie Mac. The take-over of Fannie Mae and Freddie Mac is now in court. Shareholders are suing. There are now several plans under discussion to change the status of Fannie Mae and Freddie Mac. Maybe they will become private companies. Perhaps they will continue within a conservatorship.
No one knows what will happen. Meanwhile, the government continues to collect massive dividends. Curious to see whether you qualify for a low-cost loan backed by Fannie Mae, Freddie Mac? Start your mortgage pre-approval today to find out. How Soon Can I Refinance? How Often Can I Refinance? It Is Worth Refinancing For 0. Talk to a Lender: Fannie Mae vs. Peter Miller The Mortgage Reports contributor. Fannie Mae. Federal Housing Finance Agency.
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